Palais Royale: Palais Royale owner defaulted on Rs 600 crore loan, says lender | Mumbai News – Times of India

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MUMBAI: The promoter of India’s tallest under-construction residential building, Palais Royale at Worli, has been accused of defaulting on a construction loan of over Rs 600 crore. The lender..

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The controversial project has been embroiled in litigation for the past four years after NGO Janhit Manch dragged the developer, Shree Ram Urban Infrastructure Ltd (SRUIL), to court for large-scale.

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