Crompton Greaves is all set to sell part of its land parcel at LBS Marg in the eastern suburbs of Mumbai. The deal is likely to be announced in 7-10 days. The total valuation of the 32-34-acre plot is estimated at Rs 1,400 crore. Leading builders will be in the race to buy the land parcel, including Lodha, Runwal and Oberoi Realty.
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