Essar would utilise the entire sale proceeds to repay loans. : Essar group is in talks with global investment firm Brookfield to sell its 1.25 million sq ft Equinox Business Park at Bandra-Kurla Complex (BKC) in Mumbai for about Rs 24 billion (Rs 2,400 cr), according to sources. The group had announced in 2016 that it would sell the property to realty firm RMZ Corp, but the deal could not be concluded. It is now in the advanced stage of talks with Canada- based Brookfield Asset Management to sell Equinox Business Park, which has four buildings, the sources said.