IL&FS could get 25% rise in valuation for its headquarters in BKC

IL&FS headquarters in BKC may see a 25% price increase. The NCLT allowed a valuation revision due to Mumbai’s real estate growth. Brookfield’s subsidiary Chronos must renew its performance guarantee within 30 days. This follows a dispute over the original bid terms from 2022. New valuations could reach ₹2,000-2,500 crore.

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