Realty firm Supertech is in talks to sells its office complex in Noida for around Rs 1,000 crore as it aims to cut debt significantly and save interest cost, sources said.
The company has developed a 9 lakh sq ft office building in its 17.5 acre mixed-use project 'Supernova'.
According to sources, Supertech is in advance stage of discussions with some potential buyers to sell this office complex, and the deal could be finalised soon.
Earlier, the company had put on sale about 10 lakh sq ft retail space in the Supernova project.

Talks are on with interested parties to sell this retail complex, sources said, adding that sale of office complex is expected to conclude first.
Supertech also wants to divest its hotel properties at Rudrapur and Meerut comprising about 210 keys and has appointed some consultants to find buyers.

here is company details.

 

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