Real Estate
Adani's Bid for Sahara Assets: A Turning Point for the Troubled Empire
Adani Properties Private Ltd has made a significant offer to acquire 88 properties from the debt-laden Sahara Group, including marquee holdings such as the Sahara Star Hotel in Mumbai and Aamby Valley township. This deal, now before the Supreme Court, could be the last major effort to resolve Sahara's decade-long financial crisis.
real estate news
Adani Group Eyes Prime Sahara Properties: A Strategic Move in Real Estate
The beleaguered Sahara Group has approached the Supreme Court to sell 88 of its prime properties to the Adani Group for approximately ₹12,000 crore. This move aims to settle outstanding dues to investors. Here are four key properties that could change hands.
Real Estate
Supreme Court Praises ED for Protecting Homebuyers in Udaipur Real Estate Scam
The Supreme Court has commended the Directorate of Enforcement (ED) for its proactive steps in restoring attached properties to safeguard the interests of innocent homebuyers affected by a real estate scam linked to the Royal Rajvilas housing project in Udaipur, Rajasthan.
real estate news
Supreme Court Praises ED for Protecting Homebuyers in Udaipur Real Estate Fraud
The Supreme Court has commended the Directorate of Enforcement (ED) for its proactive steps in restoring attached properties to safeguard the interests of innocent homebuyers affected by a real estate scam linked to the Royal Rajvilas housing project in Udaipur, Rajasthan.
Real Estate
Supreme Court Praises ED for Protecting Homebuyers in ₹175-Crore Real Estate Fraud
The Supreme Court has commended the Directorate of Enforcement (ED) for its efforts in restoring properties to protect innocent homebuyers in a significant real estate scam in Udaipur, Rajasthan.
real estate news
Supreme Court Praises ED for Protecting Homebuyers in ₹175-Crore Real Estate Scam
The Supreme Court has commended the Directorate of Enforcement (ED) for its proactive role in safeguarding the interests of innocent homebuyers in a major real estate scam linked to the Royal Rajvilas housing project in Udaipur, Rajasthan.
Real Estate
Supreme Court Praises ED for Restoring Properties to Defrauded Homebuyers
The Supreme Court has commended the Directorate of Enforcement (ED) for its efforts in restoring properties to innocent homebuyers who were victims of a real estate fraud. The case involves the Royal Rajvilas housing project in Udaipur, Rajasthan.
real estate news
Supreme Court Praises ED for Restoring Flats to Innocent Homebuyers in Real Estate Scam
The Supreme Court has lauded the Directorate of Enforcement (ED) for its efforts in restoring properties to protect innocent homebuyers who were defrauded in a real estate scam. This move ensures the protection of genuine investors in the Royal Rajvilas housing project in Udaipur, Rajasthan.
Real Estate
Adani Group Seeks to Acquire 87 Properties from Sahara Group to Expand Real Estate Portfolio
Indian billionaire Gautam Adani's property arm is seeking court approval to acquire 87 properties from the distressed Sahara Group, including hotels and malls, to bolster its relatively small real estate business.
real estate news
Adani Group Seeks to Acquire 87 Properties from Distressed Sahara Group
The Adani Group, led by billionaire Gautam Adani, is seeking court approval to acquire 87 properties, including hotels and malls, from the Sahara Group. This move aims to bolster Adani's relatively small real estate portfolio and strengthen its land bank.
Real Estate Mumbai
Supreme Court Seeks Centre and Sebi Response on Sahara’s Plea to Sell 88 Properties
The Supreme Court has directed the Centre and Securities and Exchange Board of India (Sebi) to respond to Sahara India Commercial Corporation Ltd's (SICCL) plea to sell 88 properties to Adani Properties Private Ltd to raise funds for repaying investors.
Real Estate
Supreme Court Demands BDA Explanation on Controversial OC for Odisha's First PPP Real Estate Project
The Supreme Court has summoned the Bhubaneswar Development Authority (BDA) to provide a detailed explanation regarding the occupancy certificate (OC) issued to Odisha’s first public-private partnership (PPP) real estate project, which has been embroiled in legal disputes. The next hearing is scheduled for November 7.
Real Estate
Supreme Court Protects Genuine Homebuyers, Bars Speculative Investors from Misusing IBC
In a landmark ruling, the Supreme Court of India has drawn a clear distinction between speculative investors and genuine homebuyers, ensuring that the Insolvency and Bankruptcy Code (IBC) serves its rightful beneficiaries.
Real Estate Mumbai
Sahara Seeks Supreme Court Nod for Adani Deal and Regulatory Protection
Sahara Group files applications in the Supreme Court to sell 88 properties to Adani Properties, including Aamby Valley City and Hotel Sahara Star, and seeks protection from parallel investigations.
Real Estate Mumbai
CBI Raids Builders and Financiers in Kolkata, Bengaluru, and Mumbai Over Homebuyer Fraud
The Central Bureau of Investigation (CBI) has conducted raids at 12 locations in Kolkata, Bengaluru, and Mumbai, following Supreme Court orders to probe into builders and financiers accused of cheating homebuyers through subvention schemes.
Real Estate Mumbai
CBI Registers Six FIRs Against Real Estate Developers in Subvention Scheme Fraud
The Central Bureau of Investigation (CBI) has registered six FIRs against real estate developers in Mumbai, Bangalore, and Kolkata, as part of a nationwide investigation into the misuse of subvention schemes.
Real Estate
CBI Registers 6 FIRs Against Real Estate Developers in Nationwide Subvention Scam Probe
The Central Bureau of Investigation (CBI) has registered six FIRs against real estate developers in Mumbai, Bangalore, and Kolkata, following a Supreme Court directive. The probe focuses on alleged fraud and collusion in subvention schemes, which have defrauded homebuyers.
real estate news
CBI Registers Six FIRs Against Real Estate Developers in Nationwide Subvention Scam Probe
The Central Bureau of Investigation (CBI) has registered six FIRs against real estate developers in Mumbai, Bangalore, and Kolkata, following a Supreme Court directive to investigate alleged fraud in subvention schemes.
Real Estate
Supreme Court Orders Real Estate Developers to Pay Same Interest on Delayed Possession
The Supreme Court has ruled that real estate developers who delay handing over possession must pay the same rate of interest they charge buyers for late payments. This decision aims to protect homebuyers from harassment and financial loss.
Real Estate
Supreme Court Orders Builder to Pay 18% Interest for Delayed Possession: A Win for Homebuyers
The Supreme Court of India has delivered a landmark ruling in favor of homebuyers, directing a developer to refund a homebuyer’s money with 18 percent simple interest per annum, doubling the compensation from what was earlier granted by the consumer commission. This decision sends a strong message to the real estate sector about the importance of equitable treatment in builder-buyer agreements.