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| | The Telegraph - Calcutta : Business |
 | | Mumbai, Nov. 2: Fiat today sold its 53-acre property in Kurla for a hefty Rs 608 crore, in another instance of a company divesting prime real estate in Mumbai to cash in on the property boom. |
 | | Like Fiat, which sold the Kurla facilities to IKG Associates, an entity affiliated to ILandFS, Bombay Dyeing, Cadbury India and LandT, too, have sold real estate. |
 | | Two years ago, the company had shut down the Kurla plant for six months after suffering losses because of heavy rain in Mumbai. |
| www.telegraphindia.com /1071103/asp/business/story_8506341.asp (308 words) |
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