Mumbai, June 20: Reliance Communications (R-Com) has started monetising its real estate assets in New Delhi and Navi Mumbai, a move that could bring down its debt by Rs 8,000-10,000 crore.
The Anil Ambani-company is already in the process of reducing its debt by Rs 25,000 crore from two transactions - the merger of its wireless business with Aircel and a 51-per-cent stake sale in its tower assets to Brookfield Infrastructure of Canada.