Real Estate
IBC Reforms to Boost Real Estate Projects and Protect Homebuyers
The proposed revamp of the Insolvency and Bankruptcy Code (IBC) is expected to enhance the revival of real estate projects by discouraging litigation from dissenting creditors and offering more flexibility in asset disposal and quick deals with investors.
Real Estate Mumbai
Aditya Birla Real Estate Reports Rs 27 Crore Loss in Q1, Income Plummets by 55%
Aditya Birla Real Estate Limited (ABREL) reported a net loss of Rs 27.08 crore for the first quarter of FY26, a sharp decline from the Rs 17.35 crore profit recorded in the same period last fiscal. The company's total income fell by 56.9%.
Real Estate Mumbai
Aditya Birla Real Estate Reports Rs 27 Crore Loss in Q1, Income Plummets 55%
Aditya Birla Real Estate Limited (ABREL) reported a significant net loss of Rs 27.08 crore in the first quarter of FY26, a stark contrast to the Rs 17.35 crore profit recorded in the same period last year. The company’s total income also fell by 56.9%.
Real Estate Mumbai
InCorp Restructuring Paves Way for India's Largest Slum Redevelopment via IBC Process
The National Company Law Tribunal (NCLT) has approved InCorp Restructuring Services LLP's resolution plan for the Darshan Group, enabling a significant slum rehabilitation project in Mumbai.
Real Estate
Aditya Birla Real Estate Board to Consider Fund Raising on 23 July 2025
Aditya Birla Real Estate’s board is scheduled to meet on 23 July 2025 to discuss raising funds through various debt securities. The funds will be used to refinance existing debt and release encumbrances on CPP’s assets, aligning with the proposed sale of the CPP division to ITC.
real estate news
Raymond Realty Makes Market Debut After Demerger: A Strategic Move in the Real Estate Sector
Shares of Raymond Realty, the newly demerged real estate arm of Raymond, made their debut on the stock exchanges today, marking a significant step in the group's restructuring efforts.
Real Estate
Raymond Realty Set for Early July Listing Amid Corporate Restructuring
Raymond Realty, a subsidiary of the Raymond Group, is on track to list in early July. The listing aims to streamline the group's corporate structure and comes as the third publicly traded entity under the conglomerate.
Real Estate Pune
Texmaco Targets 12-13% EBITDA Margin by FY26 with Strategic Initiatives
Engineering major Texmaco Rail & Engineering Ltd aims to achieve an EBITDA margin of 12-13% by FY26, driven by improved operational efficiency and business restructuring. The company is also progressing with several strategic moves, including mergers and global partnerships.
Real Estate
Global Layoff Wave: Tech and Luxury Giants Slash Over 25,000 Jobs
Multinational giants including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry have announced significant layoffs, totaling over 25,000 jobs globally. These cuts are part of broader cost-cutting and restructuring efforts to boost efficiency and profitability.
Real Estate
Global Layoff Wave: Tech and Luxury Giants Slash Over 25,000 Jobs
Multinational giants including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry have announced significant layoffs, totaling over 25,000 jobs globally. These cuts are part of broader cost-cutting and restructuring efforts to boost efficiency and profitability.
Real Estate
Global Layoff Wave: Tech and Luxury Giants Slash Over 25,000 Jobs
Multinational giants including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry have announced significant layoffs, totaling over 25,000 jobs globally. These cuts are part of broader cost-cutting and restructuring efforts to boost efficiency and profitability.
Real Estate
Global Layoff Wave: Tech and Luxury Giants Slash Over 25,000 Jobs
Multinational giants including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry have announced significant layoffs, totaling over 25,000 jobs globally. These cuts are part of broader cost-cutting and restructuring efforts to boost efficiency and profitability.
Real Estate
Global Layoff Wave: Tech and Fashion Giants Cut Over 25,000 Jobs
In recent weeks, major corporations including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry have announced significant job cuts, totaling over 25,000 positions globally. These layoffs are part of broader restructuring efforts to enhance efficiency and profitability.
Real Estate Mumbai
Shapoorji Pallonji Real Estate Appoints Dual CEOs to Strengthen Leadership
Shapoorji Pallonji Real Estate has recently made significant changes to its leadership structure, appointing dual CEOs to drive growth and innovation in the property markets of Mumbai, Pune, Bengaluru, Gurugram, Kolkata, Mysuru, and Nagpur.
Real Estate
26 Bidders Compete for JP Associates in Major Real Estate and Infrastructure Deal
JP Associates, a prominent player in the cement, real estate, and infrastructure sectors, is attracting interest from 26 potential bidders. The company, burdened with over Rs 290 billion in debt to creditors, is set to undergo a significant restructuring process.
real estate news
Navigating Insolvency and Real Estate: Insights from Advocate Pranav Gupta
In an exclusive interview, Advocate Pranav Gupta shares his insights on navigating the complex world of insolvency and real estate. With hands-on experience in the Insolvency and Bankruptcy Code (IBC) and real estate firms, Gupta provides valuable advice for professionals and investors alike.
Real Estate
JSA Elevates 9 Equity Partners and 12 Retained Partners in 2025
JSA, a leading law firm in India, has announced the elevation of 9 equity partners and 12 retained partners. The new partners bring extensive expertise in various fields, including real estate finance, corporate practice, and debt restructuring, further strengthening JSA's capabilities.
real estate news
Aditya Birla Real Estate Sells Pulp and Paper Business to ITC for ₹3,498 Crore
Aditya Birla Real Estate (ABREL) has announced the sale of its pulp and paper business to ITC for ₹3,498 crore. This strategic move aims to streamline operations and focus on core business areas. The transaction highlights the growing trend of corporate restructuring in the Indian market.
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
real estate news
Mahindra Finance Restructures Housing Finance Arm: Focus Shifts to Mid-Market and Prime Mortgages
Nearly 17 years after entering the affordable housing market, Mahindra and Mahindra Financial Services is undergoing a significant restructuring of its housing finance business. The focus is now on mid-market and prime mortgages to de-risk and diversify t