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revaluation of mortgaged assets of 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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