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.
Real Estate
Adani Group Set to Acquire Jaiprakash Associates Through Insolvency Process
Jaiprakash Associates Limited (JAL), a company with diverse businesses in cement, power, and real estate, is currently undergoing insolvency resolution. The Adani Group has emerged as the potential buyer, signaling a significant shift in the Indian corpor
Real Estate
Understanding Property Attachment in the Execution of Court Decrees: A Comprehensive Legal Overview
Explore the intricate legal framework surrounding property attachment in the execution of court decrees. This article delves into the procedural aspects, legal implications, and protective measures for homeowners.
real estate news
NCLT Mumbai Endorses ₹44.5 Crore Resolution Plan for Vidhant Realty
The National Company Law Tribunal (NCLT) in Mumbai has approved a ₹44.5 crore resolution plan for Vidhant Realty Pvt Ltd, a significant step in the insolvency and bankruptcy process for real estate companies. This move underscores the capability of the In
real estate news
Experts Hail IBC's Impact on Reviving Stalled Real Estate Projects
Industry experts have praised the Insolvency and Bankruptcy Code (IBC) for its significant role in revitalizing stalled real estate projects, particularly in the wake of the economic downturn. This initiative has brought much-needed hope to investors and
Real Estate Mumbai
Navigating the Insolvency Quandary: The Case of New India Co-operative Bank
Can the Insolvency and Bankruptcy Code (IBC) effectively handle the default cases of real estate companies? Is the current framework sufficient, or does it need a different approach? We delve into these questions through the lens of the New India Co-opera
real estate news
Revamping the Insolvency Process: New Rules for Bankrupt Real Estate Projects
The Insolvency and Bankruptcy Board of India (IBBI) has introduced significant amendments to the Insolvency and Bankruptcy Code, 2016, aimed at enhancing the resolution process, especially for real estate projects. These changes include better handover pr
real estate news
IBBI Simplifies Flat Possession and Registration During Bankruptcy Resolution
The Insolvency and Bankruptcy Board of India (IBBI) has introduced new guidelines to ease the process of taking possession and registering flats in real estate projects during the bankruptcy resolution process, a move aimed at protecting homebuyers and en
real estate news
RBI Takes Control of Aviom India Housing Finance: Governance Issues and Insolvency Proceedings
The Reserve Bank of India (RBI) has taken over the board of Aviom India Housing Finance due to governance concerns and non-payment issues. The central bank plans to initiate insolvency proceedings to ensure financial stability and protect stakeholders.