BSEL Infrastructure Realty Ltd said on Wednesday it has sold its 17 percent stake in BW Highway Star Hotel project in Pune.

It has sold 1.05 million shares to Kamat Hotels (India) Ltd for 79.41 million rupees and the balance shares to a unit of Unity Infraprojects Ltd ) for 70.58 million rupees, it said in a statement.

The project was being developed by the BSEL in a joint venture with Unity and Kamat Hotel, it added.(Reuters)