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.