Real Estate
Suraksha Group Set to Deliver Jaypee Projects Within 40 Months, Offering Hope to Homebuyers
Suraksha Group, a leading real estate developer, is on track to complete the long-pending Jaypee projects within the stipulated 40-month timeline, bringing renewed hope to thousands of homebuyers.
Real Estate
Nuvoco Vistas Secures NCLT Approval for Vadraj Cement Acquisition
Nuvoco Vistas Corp., a prominent player in the construction materials sector, has secured approval from the National Company Law Tribunal (NCLT) to acquire Vadraj Cement. The phased investment will be spread over 15-18 months, solidifying Nuvoco's position in the Indian cement market.
Real Estate Mumbai
Authum Investment & Infra Secures Bid for Vas Infra: A Strategic Move in Real Estate
Authum Investment & Infra has emerged as the successful bidder for Vas Infra, a significant move aimed at capitalizing on real estate assets and lease rentals. This strategic acquisition marks Authum's continued expansion in the sector.
Real Estate Mumbai
MahaRERA Halts Hearing Home Buyer Complaints in NCLT Cases
Home buyers face significant hurdles when their real estate projects are under insolvency and bankruptcy proceedings at the NCLT. MahaRERA has stopped hearing complaints in such cases, adding to the distress of home buyers.
Real Estate
NCLT Approves Rs 47-Crore Resolution Plan for HBS Auto & ANC SEZ
The National Company Law Tribunal (NCLT) has approved a Rs 47-crore resolution plan for HBS Auto & ANC SEZ, a company primarily engaged in real estate development and Special Economic Zones (SEZs).
Real Estate
NCLT Orders Jaiprakash Associates to be Sold as a Single Unit, Rejecting Asset Division
The National Company Law Tribunal (NCLT) has ruled that Jaiprakash Associates Limited (JAL) must be sold as a single unit, rejecting the proposal to divide its assets into eight clusters. This decision could have significant implications for the restructu