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.

Lavasa homebuyers challenge the ongoing resolution plan at the NCLT, citing lack of transparency and requesting a full refund of their initial investments.

The NCLT's sanction of the Adani Group's resolution plan for JAL transfers nearly 4,000 acres of prime land in the National Capital Region. This move significantly accelerates Adani’s presence in the competitive North Indian property development sector.

The National Company Law Tribunal has sanctioned Adani Enterprises' substantial INR 14,535 crore resolution plan for the beleaguered infrastructure entity, Jaiprakash Associates Ltd (JAL). This move consolidates significant assets spanning real estate, cement, and hospitality for the group.

Delhi Police EOW has registered an FIR against Suraksha Realty for allegedly diverting ₹235 crore of homebuyer funds meant for completing stalled Jaypee Infratech housing projects in Noida, based on Enforcement Directorate findings.

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.

Valor Estates has emerged as the frontrunner in Lavasa Corporation's acquisition with a ₹946 crore bid, while legal disputes threaten to delay India's first planned hill city's resolution process.

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.