Real Estate
Vedanta Seeks CCI Approval for ₹17,000 Crore Jaiprakash Associates Bid
Vedanta has submitted a bid of ₹17,000 crore for the acquisition of Jaiprakash Associates (JAL), which has interests in real estate, cement, hospitality, and EPC. The proposal includes ₹3,800 crore upfront and annual payments of ₹2,500–3,000 crore over the next five years.
real estate news
Supreme Court Warns Against Speculative Real Estate Investors
The Supreme Court of India has issued a strong warning against speculative investors in the real estate sector, emphasizing their detrimental impact on genuine homebuyers and the overall market.
Real Estate
Supreme Court Warns Against Speculative Investors in Real Estate
The Supreme Court has highlighted the misuse of insolvency proceedings in the real estate sector by speculative investors, cautioning that such practices can jeopardize the interests of genuine homebuyers.
real estate news
Supreme Court Restricts Speculative Investors from Misusing IBC
The Supreme Court has ruled that speculative investors driven by profit motives cannot misuse the Insolvency Bankruptcy Code (IBC) provisions. The court directed the Union Government to create a revival fund for stressed real estate projects.
Real Estate Maharashtra
Supreme Court Calls for IBC Overhaul and Revival Fund for Stressed Real Estate Projects
The Supreme Court has urged major reforms in the Insolvency and Bankruptcy Code (IBC) and the establishment of a revival fund to support stressed real estate projects. It emphasized that the Right to Housing is a fundamental right and called for comprehensive measures to protect homebuyers and the economy.
Real Estate
Supreme Court Declares Right to Housing as Fundamental Right Under Article 21
In a landmark judgment, the Supreme Court has declared that the right to housing is a fundamental right under Article 21 of the Constitution, urging the Union Government to create a revival fund to support stressed real estate projects and protect genuine homebuyers.
Real Estate
Vedanta Outbids Adani with ₹4000 Crore Upfront Payment for JAL
Vedanta Limited has emerged as the top bidder for the debt-ridden Jaiprakash Associates Ltd (JAL) with a bid of ₹4000 crore upfront and the remaining balance to be paid over five to six years. The bid, valued at ₹17,000 crore with a net present value of ₹12,505 crore, marks Vedanta's strategic entry into the cement and infrastructure sectors.
real estate news
Vedanta Bids ₹4000 Crore Upfront for Jaiprakash Associates: A Strategic Move
Mining giant Vedanta Limited has proposed a ₹4000 crore upfront payment for the bankrupt Jaiprakash Associates Ltd (JAL), with the remaining balance to be paid over five to six years. This bid, with a net present value of ₹12,505 crore, has outshone rival Adani Group in the auction conducted by JAL’s lenders.
Real Estate Mumbai
Mumbai-based Yogayatan Group Surges Ahead in Lavasa Corporation Bid
Mumbai-based Yogayatan Group has emerged as the top bidder for the debt-laden Lavasa Corporation, increasing its offer to Rs 795 crore on a net present value (NPV) basis. This move surpasses Valor Estates' offer of Rs 771 crore.
Real Estate Mumbai
Oberoi Realty Secures Rs 9.19 Billion Deal for Hotel Horizon
Mumbai-based Oberoi Realty Ltd is set to acquire the debt-ridden Hotel Horizon for Rs 9.19 billion. This strategic move is part of the company's broader expansion plans in the luxury real estate sector.
real estate news
Rajani Associates Supports Jayesh Sanghrajka in Darshan Developers' CIRP
Rajani Associates, a leading legal firm, has provided strategic guidance to Jayesh Sanghrajka, the Resolution Professional of Darshan Developers and 10 other consolidated corporate debtors, throughout their Corporate Insolvency Resolution Process (CIRP).
Real Estate Mumbai
Oberoi Realty Consortium Acquires Bankrupt Hotel Horizon for ₹919 Crore in Mumbai
A consortium led by Mumbai-based real estate developer Oberoi Realty has agreed to pay ₹919 crore to acquire the bankrupt Hotel Horizon Private Limited (HHPL). The resolution plan was approved by the committee of creditors (CoC) on July 14, 2025.
Real Estate
Adani Group's Strategic Expansion Through Distressed Asset Acquisitions
The Adani Group is aggressively leveraging the Insolvency and Bankruptcy Code (IBC) to acquire distressed assets across power, infrastructure, and real estate sectors, strengthening its market presence and driving growth.
real estate news
JM Financial Acquires 142,000 Sq Ft in Mulund Commercial Project via Bankruptcy Settlement
JM Financial Products secures 142,000 square feet of office space in a new commercial building in Mumbai's Mulund, as part of a bankruptcy settlement involving Ariisto Realty. The deal, valued at around Rs 150 crore, is part of a court-mediated corporate insolvency resolution process.
Real Estate
Max Estates Breaths New Life into Stalled Delhi One Project in Noida
Realty major Max Estates Ltd has officially taken over the long-stalled Delhi One project in Noida through the resolution process under the Insolvency and Bankruptcy Code (IBC). This move is expected to revive the luxury housing project and bring relief to thousands of homebuyers who have been waiting for years.
Real Estate
Creditors Push for Xinyuan Real Estate Bankruptcy in New York
Creditors of Chinese developer Xinyuan Real Estate Co Ltd. are taking steps to force the company into bankruptcy protection in New York in an effort to secure their claims.
real estate news
Creditors Demand Bankruptcy for Xinyuan Real Estate in China
Creditors of Chinese real estate developer Xinyuan Real Estate Co Ltd. are taking drastic measures to recover their losses by seeking the company's bankruptcy. This move highlights the financial turmoil in China's property market.
Real Estate
Northern Ontario Real Estate Bankruptcy Near Conclusion as Final Properties Hit the Market
As the bankruptcy proceedings draw to a close, 321 out of the 407 properties initially up for sale in Northern Ontario have found new owners. An additional 12 properties are currently under bid, signaling a significant milestone in the bankruptcy process.
Real Estate
Insolvency, Advocacy, and Beyond: Insights from Advocate Pranav Gupta
Advocate Pranav Gupta shares his journey and expertise in insolvency and real estate law, highlighting the importance of advocacy in navigating complex legal landscapes.
Real Estate
Jaiprakash Associates' Valuation Drops After Sports City Land Cancellation
The bankruptcy of Jaiprakash Associates has been compounded by the cancellation of a significant land deal, affecting the company’s valuation. Despite this setback, the company has received bids from 24 parties interested in its assets.