Mumbai’s Largest Slum Redeveloper Plans Asset Sale To Pare Rs 9\,000-Crore Debt

Mumbai’s Largest Slum Redeveloper Plans Asset Sale To Pare Rs 9,000-Crore Debt
Tower cranes operate at a residential construction site, developed by Omkar Realtors and Developers Pvt., next to a slum, center, in the Parel area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Mumbai’s Largest Slum Redeveloper Plans Asset Sale To Pare Rs 9,000-Crore Debt

Mumbai’s largest slum redeveloper is looking to sell assets to pare debt at a time the real estate sector is facing a funding crunch.Omkar Realtors and Developers Pvt. Ltd. had a consolidated debt ...