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Two Realtors Arrested for Abducting and Beating Another Over Rs 35,000 Debt in Pune

Real Estate Pune

Two Realtors Arrested for Abducting and Beating Another Over Rs 35,000 Debt in Pune

Hadapsar police in Pune have arrested two real estate agents for abducting and beating another estate agent to recover a debt of Rs 35,000. The victim, aged 28, was released after being held and assaulted at an isolated spot in Manjari village.

July 6, 2025
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Real Estate Debt Recovery Set to Surge by 38% by FY26, Crisil Reports

real estate news

Real Estate Debt Recovery Set to Surge by 38% by FY26, Crisil Reports

The real estate sector is on a promising recovery path, with debt recovery expected to jump from 22% in FY25 to 38% in FY26, driven by robust sales and sustained demand in key metropolitan markets.

June 17, 2025
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Recovery in Stressed Real Estate Projects Set to Improve in FY26: Crisil Ratings

Real Estate Mumbai

Recovery in Stressed Real Estate Projects Set to Improve in FY26: Crisil Ratings

Crisil Ratings predicts a significant improvement in debt recovery for stressed real estate projects in FY26, driven by robust sales and strategic debt restructuring.

June 16, 2025
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NCLT Rejects Insolvency Plea Against Shapoorji Pallonji

Real Estate Mumbai

NCLT Rejects Insolvency Plea Against Shapoorji Pallonji

The National Company Law Tribunal (NCLT) in Mumbai has dismissed an insolvency application filed by KBC Infrastructure against Shapoorji Pallonji & Co, stating that the Insolvency & Bankruptcy Code (IBC) is not a tool for debt recovery.

October 24, 2024
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Piramal Capital Secures Creditor Status in Radius Project's 5.4-Acre Mumbai Land Parcel

Real Estate Mumbai

Piramal Capital Secures Creditor Status in Radius Project's 5.4-Acre Mumbai Land Parcel

The National Company Law Tribunal (NCLT) has ruled in favor of Piramal Capital & Housing Finance, affirming the legality of the charge held on Radius Estate Projects' 5.4-acre land parcel in Mumbai.

August 8, 2024
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