Dec 11, 2015
Xander Group sells Devigarh Palace for around Rs 90 crore
Xander Group sells Devigarh Palace for around Rs 90 crore
MUMBAI: Hotel Devigarh Palace, the royal residence of the rulers of Delwara principality of the 18th century, has been sold by the Xander Group to a royal family of Jodhpur, Rajasthan, for around Rs 90 crore. “Xander Group, which has invested in the property in 2006 wanted to exit its investment. It took us 11 months to finalise the deal, mainly because the current market conditions for…
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