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Kishore Biyani settles ₹571 cr debt by selling Mumbai's SOBO mall
short by Debaroti Adhikary / on Sunday, 14 April, 2024
Future Group Founder Kishore Biyani has reportedly settled dues worth ₹571 crore to lenders by making a one-time payment of ₹476 crore through sale of SOBO Central Mall in Mumbai to realty developer K Raheja Corp. The amount marks 83% of the total dues. Notably, the SOBO Central Mall, which opened in the late 1990s, is Mumbai's first mall.
read more at Times Now