Sheth Developers raised Rs.450-Cr debt for Thane mall:

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Sheth Developers and Realtors have raised Rs.450 crore in debt from India bulls Finance for its Vivacity Mall in Thane. The developer will use the funds partly towards repayment of existing debt and partly towards completion of the mall. The total project cost of Vivacity Mall is around Rs.700 crore and the company has a debt of over Rs.400 crore. 

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