MTNL Targets Asset Cash‑Inflow by Selling Pavahi Property to Tax Authorities

Metropolitan Telephone Nation Limited (MTNL) announced that its board approved the sale of a 20,895.6‑square‑metre plot in Pavahi to the Income Tax Department for ₹891.53 crore. The property, listed as Plot‑C on Technology Street, will be transferred through a government‑to‑government mechanism or a direct sale, pending formal acceptance by the tax department and the President’s Alternative Mechanism. The transaction is a component of MTNL’s asset‑monetisation plan designed to generate liquidity as the telecom operator grapples with a widening fiscal deficit.