Palm Beach Resort up for sale following failure to pay

1 month ago

Lh. Madhiriguraidhoo, the island which houses Palm Beach Island Resort & Spa, has been put up for sale by State Bank of India (SBI) following failure to make a loan payment. Lh. Madhiriguraidhoo was collateral for a loan taken from SBI by Guardian Agency Private Limited and Monaza Construction Private Limited. Madhiriguraidhoo is the island which houses Palm Beach Island Resort &