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Bidder raises concern over delays, transparency issues in IL&FS property auction

By Economic Times - 2 weeks ago
Nila Spaces has raised concerns over the transparency and delay in the auction process of IL&FS's commercial properties in GIFT City. Despite being the highest bidder, Nila Spaces' bid was rejected without explanation. IL&FS maintains that the process was fair and transparent, with Infibeam matching the highest bid.

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