New Delhi: Industrialist Anil Ambani-led Reliance Communications (RCOM) on Monday said it has sold nearly 150 residential flats at Sea Woods complex in Navi Mumbai for Rs.330 crore, which will be used for repayment of debt.

"The sale consideration for the disposal of the flats at Navi Mumbai has been finalised at over Rs.330 crore. The disposal marks the commencement of RCOM's monetisation programme for surplus real estate owned by the company.