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Creditors vote to liquidate Gayatri Projects after rejecting sole bid, ET RealEstate - Vimarsana News

Creditors vote to liquidate Gayatri Projects after rejecting sole bid, ET RealEstate

Gayatri Projects: Mark AB was offering a total of ₹650 crore, of which only ₹50 crore was upfront cash, ET had reported in October. It was the only serious offer lenders had received, which has now been rejected because of its low value.

Gayatri Projects: Creditors vote to liquidate Gayatri Projects after rejecting sole bid - Vimarsana News

Gayatri Projects: Creditors vote to liquidate Gayatri Projects after rejecting sole bid

Mark AB was offering a total of ₹650 crore, of which only ₹50 crore was upfront cash, ET had reported in October. It was the only serious offer lenders had received, which has now been rejected because of its low value.

Lenders to Gayatri Projects get lone resolution bid offering 10% recovery, ET RealEstate - Vimarsana News

Lenders to Gayatri Projects get lone resolution bid offering 10% recovery, ET RealEstate

Gayatri Projects: The bankers had received two expressions of interest (EOIs) earlier this year but the other joint bid from two individuals did not result in a serious offer, people familiar with the process said.

Lenders to Gayatri Projects get lone resolution bid offering 10 per cent recovery - Vimarsana News

Lenders to Gayatri Projects get lone resolution bid offering 10 per cent recovery

The bankers had received two expressions of interest (EOIs) earlier this year but the other joint bid from two individuals did not result in a serious offer, people familiar with the process said. Mark AB's offer includes a small upfront payment, with the remaining payment differed after two years.

Kukatpally Is In High Demand! - Vimarsana News

Kukatpally Is In High Demand!

Kukatpally has become the most sought after ticket and the demand for the seat is the same in all the political parties. There is buzz that the seat is

Source: gulte.com