Tag: #Mortgage loan

Vijay Mallya

Court approves refinancing loan application of Vijay Mallya to pay the mortgage to UBS.

March 23, 2020

As England’s high court and Wales provided the free pass to refinance the loan, Vijay Mallya would be able to retain his London family house, ensuring he pays over Rs 200 crore to Swiss bank UBS. On May 15, 2019, it had announced how Mallya had time until April 30, 2020, to pay the mortgage […]

Court approves refinancing loan application of Vijay Mallya to pay the mortgage to UBS.more
Financial crisis

Indian Real estate developers are at risk as nation’s credit market has dried up.

July 17, 2019

By Abhay Shah, Realty Quarter Indian developers are at risk of going belly-up as growing stress on the national credit market drowns funding even for those willing to afford high rates for decades. “With the increasing shadow banking crisis most developers’ borrowing prices have raised to a peak of around 20% in more than a […]

Indian Real estate developers are at risk as nation’s credit market has dried up.more