Anant Raj Ltd.

As part of the company’s strategy to monetise non-core assets, Anant Raj is reportedly planning to divest two hotel properties in Delhi-NCR region. With the sale of two hotel properties, the company could fetch around Rs 900 crore.

The company has 11 hotels, out of which, 6 hotels are completed, while 5 other hospitality projects are under construction. Further, the company leases its commercial properties -- office, shopping malls and hospitality projects -- to obtain steady cash flows.

Anant Raj is armed with one of the largest land banks in the region and is in the process of building an array of Special Economic Zones (SEZs), IT Parks, Hotels, Commercial Complexes, Malls, Residential / Service Apartment and other infrastructure projects.