The value of property investment in the BS has increased to 2310 Cr from 1335 Cr last year. This property is the andheri land I believe. The value has been increasing every year. However, there is no discussion (rather no questions, and hence no answers) on the quarterly calls regarding the status of the project and its monetization. I tried to reach the IR to seek clarifications, but found that they dont want to share much details, they were not even ready to share precise project name and location. I found the IR/company is not minority shareholder friendly.
If someone knows someone working in any institution, would be great to put this query across. The company keeps claiming that there are pockets of value unlocking in the balance sheet, this Andheri land is one of them.
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