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Lenders to Mumbai-based Zoom Developers

The mortgaged assets of Zoom Developers may be revalued

The mortgaged assets of Zoom Developers may be revalued
Zoom developers’ mortgaged assets may go for a revaluation by the lenders to Mumbai-investors since they failed to sell the block to recover part of the Rs 3,000-crore outstanding loans. A consortium of 25 lenders, led by Punjab National Bank had put seven assets of the project growth and information technology company on sale thrice [...] Continue Reading »



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