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Kishore Biyani settles lenders dues by selling SOBO mall to K Raheja Corp, ET Retail

Kishore Biyani: The settlement was backed by realty developer K Raheja Corp., which acquired SOBO Central Mall. Earlier known as Crossroads, SOBO Central is the country’s first mall, having opened in late 1990s in south Mumbai s Haji Ali locality.

Kishore Biyani pays off creditors led by Canara Bank by selling SOBO mall to K Raheja Corp: Report

Kishore Biyani pays off creditors led by Canara Bank by selling SOBO mall to K Raheja Corp: Report
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K Raheja Corp purchases SoBo Central Mall in South Mumbai for Rs 476 crore

The Sobo Central mall was run by Future Group Promoter Kishore Biyani s firm, and was opened in the late 1990 s. Named as Crossroads Mall, it was one of the preferred destination for shopping and socialising at the time

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