LIC mega sale: Insurer to sell land, buildings to raise up to $7 billion

Some of LIC's premium assets include the Jeevan Bharti building in Delhi's Connaught Place; LIC building in Chittaranjan Avenue in Kolkata; and buildings housing the Asiatic Society and Akbarally's in Mumbai. An LIC executive said the actual value may be five times their current valuation.

Jun 18, 2024 - 02:30
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LIC mega sale: Insurer to sell land, buildings to raise up to $7 billion
Some of LIC's premium assets include the Jeevan Bharti building in Delhi's Connaught Place; LIC building in Chittaranjan Avenue in Kolkata; and buildings housing the Asiatic Society and Akbarally's in Mumbai. An LIC executive said the actual value may be five times their current valuation.

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