| Deal No | LA-5 |
| Business Domain | IT Land |
| Sub-Domain | IT SEZ Land |
| Geographical Location of Asset | Yamuna Expressway, Greater Noida |
| Reason for Stress | Downturn in Real estate & financial mismanagement of the promoter |
| Price Range/Ticket Size | Rs. 80 Cr. |
| Debt | Crystalized in price. |
| Value of Associated Real Estate | Rs 135Cr |
| Details of Other Liabilities | There is no other liability whatsoever |
| Financials | The Asset can be acquired in the Resolution Process under Insolvency & Bankruptcy Code-2016 @ Rs 90Cr on a staggered payment basis. |
| Litigations | Under CIRP before NCLT |
| Additional Information | For Premium Members Only |
| Ways to unlock potential | For Premium Members Only |
| Exit Strategy | For Premium Members Only |
| Name of Owner | For Premium Members Only |
Deals, Greater Noida, IT SEZ Land, Land
IT SEZ LAND IN NOIDA
₹80.00
The land parcel of 33.75 Acres was subleased (under tripartite sublease deed) to the company on 1/5/2013. The land subleased was a part of the 75 acres land alloted to M/S Ansal IT City & Parks Ltd in 2006. IT SEZ was approved on the land by Ministry of Commerce (GOI).
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