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Nitco Completes Kanjurmarg Land Transfer To Runwal For ₹143 Crore


14 October 2026
Nitco Ltd.

Completed Kanjurmarg land monetisation with Runwal's R Siddhatva: 75% conveyance registered for Rs143cr already received, 25% sale agreement registered for 1 lakh sq ft commercial carpet plus 8,500 sq ft basement expected to realise ~Rs250cr. Context: resolves pending definitive agreement, first cash-backed close after MoU headlines.


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