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MTNL PROPERTY MONETISATION
MTNL, BSNL and RINL's Rs 13,500 crore worth of realty assets to hit marketsRealty assets worth an estimated ₹13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public En...- NABARD acquires leasehold rights to MTNL’s BKC campus in Rs 351 crore dealNABARD has made waves by securing a prestigious commercial site in Mumbai’s vibrant Bandra-Kurla Complex. The development-focused instituti...
- Framework issued for surplus asset transfer of 3 telecom PSUs to central entitiesA high-level committee has established a framework for transferring surplus land and buildings from telecom PSUs like BSNL, MTNL, and ITI t...
- Plan to raise Rs 16,000 cr from sale of MTNL, BSNL assets in last lapThe finance ministry plans to raise ₹16,000 crore by selling assets of MTNL and BSNL. Approved by NLMC and the Department of Public Enterpr...
- BSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh croreRecently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of th...
- BSNL, MTNL nudged to monetise land faster to pare debtCabinet Secretary Rajiv Gauba called a review meeting with the senior officials of BSNL and MTNL earlier this week to take an update on the...
- No significant headway achieved on BSNL-MTNL assets monetisation: Par panelThe Standing Committee on Communications and IT, in its report, has said that its earlier recommendation of reservation/designation of land...
- Non core asset monetisation begins: Six BSNL, MTNL properties put up for biddingThe government is likely to auction more assets of PSUs after the current round. It will use the MSTC platform for selling non-core assets ...
- Government puts on sale MTNL, BSNL assets worth about Rs 1,100 croreThe Department of Investment and Public Asset Management (DIPAM) website has listed MTNL assets located in Vasari Hill, Goregaon in Mumbai ...
- GoM defers BSNL-MTNL merger; approves BSNL land sale to CBSE for Rs 64 croreThe group of ministers (GoM) has also approved the sale of 6,000 square metres of BSNL land in Noida to Central Board of Secondary Educatio...
- Govt seeks financial bids from property consultancy firms for monetising MTNL assetsDIPAM added that the consultancy firms empanelled will be required to prepare the 'Feasibility Report' in about three weeks for each of the...
- MTNL working on monetising certain assets in MumbaiMinister of State for Finance Anurag Singh Thakur said International Property Consultants has been appointed for end-to-end transaction adv...
- Consultants roped in to evaluate land monetisation process for BSNL, MTNL: CMDA preliminary report on the land monetisation process is likely to be submitted by the month-end, BSNL Chairman and Managing Director P K P...
- BSNL has identified properties worth over Rs 20,000 crore for monetisation: CMDIn October last year, the government had approved a Rs 69,000 crore revival package for BSNL and MTNL. Meanwhile, a government source told ...
- BSNL and MTNL to be merged by July 2015In a presentation to Prime Minister Narendra Modi, seen by ET, DoT said it expects to “secure Cabinet approval for the proposed BSNL-MTNL m...
- Government to discuss unlocking value of BSNL, MTNL property tomorrowA GoM is likely to meet tomorrow to discuss ways of unlocking value of property held by BSNL and MTNL that may fetch them almost Rs 14,000 ...
- Tata Communications to sell properties in order to raise Rs 2,500 croreTata Comm has appointed Jones Lang LaSalle India and Cushman & Wakefield to help sell some unutilised properties that originally belonged t...
- MTNL ropes in DTZ, Feedback Infrastructure to monetise propertyThe consultants will also help MTNL in its plan to develop about 50 land parcels aggregating 6.10 million sq ft in these cities .
- State-run MTNL appoints advisors for property saleConsultants will help MTNL in its plan to develop about 50 land parcels aggregating 6.10 million sq ft in various cities.
- BSNL, MTNL invite bids to review real estate assetsBSNL, MTNL have invited bids from consultants to help them monetise real estate, a move aimed at recouping falling profits and revenues.
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