Supreme Housing faces a June deadline to settle ₹460 crore with Canara Bank as the NCLAT provides a final opportunity to avoid a formal insolvency process.

The NCLT has approved a ₹730 crore revival plan for Rajesh Business & Leisure Hotels, marking a critical debt resolution for the Mumbai-based hospitality firm.

Mantra Properties secures a ₹215 crore deal to revive a stalled Mulund project in Mumbai, promising completion for 235 buyers following NCLT approval in 2026.

The NCLT Mumbai has given Brookfield Asset Management 30 days to renew its performance guarantee for the ₹1,080 crore IL&FS headquarters in BKC or face disqualification, as valuation disputes push the case to NCLAT.

The Supreme Court has directed the Enforcement Directorate to release 12 V Hotels properties worth ₹4,000 crore to Lodha Developers (Macrotech), including the landmark Centaur Hotel in Juhu, Mumbai, marking a major victory in the corporate insolvency resolution process.

"Mumbai-based Yogayatan Group emerges as top bidder for debt-ridden Lavasa Corporation with ₹795 crore offer, surpassing Welspun Group and Valor Estates in final bidding round."

Oberoi Realty-led consortium successfully acquires Hotel Horizon in Mumbai's Juhu for ₹919 crore through insolvency resolution, securing prime sea-facing real estate for luxury development.

JM Financial Products secures 142,000 sq ft office space worth ₹150 crore in Mumbai's Mulund through bankruptcy resolution. Major NCLT settlement benefits 500+ homebuyers in stalled project revival.

MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.

The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.

The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.