The company has scheduled a coupon payment on 5.5% unlisted senior secured bonds of ₹750 crore due on January 31, 2024. Under the revised terms, the bondholders have agreed to reschedule the coupon payment to March 31 at 12% which will be payable half-yearly, the people cited above said.
Learn about the high maintenance and monthly outgoings of luxury condominiums in Mumbai. Discover how residents cope with the costs and the financial strategies employed by SoBo society to ensure upkeep.
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The luxury homes segment rises by 5% year on year, affordable segment shrinks in Mumbai amid price rise; flex spaces share grows to record 26% in office transactions | Mumbai news