Anant Raj Limited (BSE:515055) is planning to sell two hotel properties in the Delhi-NCR region for approximately INR 9 billion, reported Economic Times citing sources. According to sources, Anant Raj is looking to divest at least two hotels from its portfolio, that have a potential sale value of about INR 8 billion - INR 9 billion. Anant Raj wants to unlock the value of some of its under construction hotel properties, sources said, adding that funds could be utilised for further expansion of the firm as well as reduction of debt.

Amit Sarin, Director and Chief Executive Officer of Anant Raj, declined to comment.