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Mumbai Court Prioritizes Investors, Rejects SBI’s Plea to Seize Accused Firm’s Reserve Funds

Real Estate Mumbai

Mumbai Court Prioritizes Investors, Rejects SBI’s Plea to Seize Accused Firm’s Reserve Funds

The designated court under the Maharashtra Protection of Interest of Depositors (MPID) Act has ruled in favor of protecting duped investors, rejecting State Bank of India's (SBI) plea to seize over Rs 5.5 crore from a reserve fund to recover a loan from a company accused of fraud.

October 2, 2025
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BRCL Secures Rs 100 Crore Loan for Commercial Real Estate Project with State Bank of India

Real Estate

BRCL Secures Rs 100 Crore Loan for Commercial Real Estate Project with State Bank of India

BRCL, a prominent real estate company, has entered into a loan agreement of Rs 100 crore with State Bank of India (SBI) to finance a commercial real estate project. This strategic move highlights BRCL's commitment to expanding its portfolio in the commercial real estate sector.

May 27, 2025
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Real Estate Firm Secures Rs 100 Crore Loan from State Bank of India

real estate news

Real Estate Firm Secures Rs 100 Crore Loan from State Bank of India

A leading real estate company has entered into a significant loan agreement of Rs 100 crore with State Bank of India, marking a strategic move to bolster its financial capabilities and expand its market presence.

May 27, 2025
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4 Undervalued Stocks with PE Below Industry Averages to Watch: Hindustan Unilever, TCS, and More

Real Estate

4 Undervalued Stocks with PE Below Industry Averages to Watch: Hindustan Unilever, TCS, and More

Discover four stocks, including Hindustan Unilever and TCS, that have a price-to-earnings (PE) ratio below the industry average, making them potential buys for investors looking for value. These companies are well-established with strong fundamentals and a promising outlook.

March 30, 2025
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Jaiprakash Associates' Creditors Stake Claim of Rs 51,914 Crore Amid Insolvency Proceedings

Real Estate

Jaiprakash Associates' Creditors Stake Claim of Rs 51,914 Crore Amid Insolvency Proceedings

Financial creditors, including 31 banks and financial institutions, and 1,517 real estate allottees, have submitted claims worth Rs 51,914 crore to the resolution professional.

June 28, 2024
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