In a move that will bring relief to thousands of homebuyers, the National Company Law Appellate Tribunal has appointed the governmentโs construction arm NBCC as a project management consultant to …
insolvency
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Real Estate
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Real Estate
Jaiprakash Associates’ outstanding loan at โน55,526 cr as on Nov 10, 2024
by Adminby AdminDec 05, 2024 08:39 PM IST Jaiprakash Associates’ outstanding loan at โน55,526 cr as on Nov 10, 2024, the company said in a regulatory filing New Delhi, Dec 5 (PTI) …
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Real Estate
NCLAT limits insolvency against Raheja to one project only, seeks report for other projects
by Adminby AdminNew Delhi, Nov 22 (PTI) In a relief to Raheja Developers, the appellate tribunal NCLAT has confined the insolvency proceedings against the realty firm to only one of its projects …
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Real Estate
Buyers in possession of plot, flat or building must be given ownership: IBBI
by Adminby AdminThe Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to streamline the insolvency process for real estate companies and enhance protection for homebuyers. For thousands of buyers awaiting …
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Real Estate
NCLT directs initiation of insolvency proceedings against Spaze Towers
by Adminby AdminNew Delhi, Oct 24 (PTI) The National Company Law Tribunal (NCLT) has directed initiation of insolvency proceedings against realty firm Spaze Towers, admitting a plea filed by its flat owners. …
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Real Estate
Suraksha Group puts โน250 cr in Jaypee Infratech, gets โน3K cr loan facility to complete 20K flats
by Adminby AdminNew Delhi, Aug 25 (PTI) Suraksha Group has infused โน250 crore in Jaypee Infratech after acquiring it through insolvency process and has also arranged a โน3,000 crore loan facility, as …