The Harbour Heights project, a joint venture between Radius Group and Sumer BuildCorp, has a total debt exposure of around ₹580 crore. CFM ARC has proposed a bid of ₹386 crore to Standard Chartered Bank and PNB Housing Bank together, structured with a payment ratio of 30:70, where 30% will be paid in cash and 70% in the form of security receipts.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.