MoneyWorks4Me

ETT gets nod to sell Gurugram asset to Bluemonk Ventures

20 May 2022 Evaluate

ETT has received an approval for sale of its asset situated at Gurugram (Haryana) (the Unit) to Bluemonk Ventures (Intending Buyer) through sale agreement to be executed between the Company and the Intending Buyer. Sale agreement / transfer deed between the Company and the intending buyer is expected to be executed by June 7, 2022. The consideration to be received by the company against sale of asset is Rs 35 crore. The Board of Directors of Company in its meeting held on May 18, 2022, has approved the same.

ETT is engaged in to the business activities of real estate sector.

Peers
Company Name CMP
Lodha Developers 1167.20
Prestige EstatesProj 1486.15
Dilip Buildcon 413.50
DLF 678.60
Oberoi Realty 1860.50
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