HLV has received an approval for sale of land owned by the company in Hyderabad on ‘as is where is basis’ wherein the purchaser shall take care of all the disputes related to land either by way of settlement or litigation and after the settlements, the company expects to receive Rs 40 crore from the purchaser over a period of nine months to twelve months.
The Board of Directors of the Company at their meeting held on March 20, 2020, approved the same.
HLV (Formerly known as Hotel Leelaventure) is an India-based holding company, which is engaged in hoteliering business. The company is engaged in providing accommodation and food services, and food and beverage services.
