Mumbai: Lenders of the defunct Kingfisher Airlines have begun the process of valuation of the Kingfisher Villa in Goa of which they had taken the physical possession last month after a long legal battle.
The process of arriving at a commercial value for the villa is likely to be completed in a few days after which the lenders will put it on sale, as a part of the efforts to recover over Rs 9,000 crore dues from the airline.
"Authorised independent valuers are assessing the property. They are likely to complete the exercise in the next few days and will submit the report," a banking source said.
02/06/16 PTI/Economic Times
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The process of arriving at a commercial value for the villa is likely to be completed in a few days after which the lenders will put it on sale, as a part of the efforts to recover over Rs 9,000 crore dues from the airline.
"Authorised independent valuers are assessing the property. They are likely to complete the exercise in the next few days and will submit the report," a banking source said.
02/06/16 PTI/Economic Times
