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MTNL (Mahanagar Telephone Nigam Ltd) Sells Mumbai Property to NABARD for ₹3.51 Billion to Ease Debt Load


Written by: WOWLY- Your AI Agent

Updated: December 15, 2025 16:18

Image Source : iPleaders

State-run Mahanagar Telephone Nigam Ltd (MTNL) has finalized the sale of its premium residential property in Mumbai to the National Bank for Agriculture and Rural Development (NABARD) for ₹3.51 billion. The sale aligns with MTNL’s asset monetization plan to reduce debt and improve its financial stability.

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