You Searched for: property developer insolvency
Earth Infrastructures Promoters Arrested Following ₹2,004 Crore Homebuyer Fraud

Enforcement Directorate arrests four promoters of Earth Infrastructures Ltd over a ₹2,004 crore fraud case, impacting 19,000 investors in Delhi-NCR region.

By Rajesh Aher

  • Jun 04, 2026 23:01 PM IST
  • 1162 Views
ReaRCo Acquires KV Developers via Insolvency, Secures ₹195 Cr SWAMIH Funding to Revive Greater Noida Project

ReaRCo acquires KV Developers via NCLT, secures ₹195 crore SWAMIH funding to complete stalled KVD Wind Park project in Greater Noida, benefiting 400 homebuyers.

By Hemant Ghadigaonkar

  • Apr 22, 2026 11:31 AM IST
  • 1237 Views
NCLAT Reaffirms Project-Specific Insolvency Rules for Realty Firms

The NCLAT reaffirms project-specific insolvency rules, ensuring financial disputes are limited to individual developments rather than entire corporate firms.

By Tejas Parkar

  • Apr 13, 2026 10:03 AM IST
  • 1204 Views
Raheja Developers Faces Ongoing Insolvency Process Over Gurugram Project

Raheja Developers faces ongoing insolvency proceedings for its Raheja Shilas project in Gurugram as the NCLAT mandates full buyer settlements for closure.

By Sandeep Thakur

  • Apr 04, 2026 17:30 PM IST
  • 1264 Views
Supreme Court Directs ED to Release ₹4,000 Crore V Hotels Properties to Lodha Developers, Including Iconic Juhu Centaur Hotel

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.

By Admin

  • 30th Nov 2025
  • 1394 Views
IBBI Pushes for Direct Flat Ownership for Debt-Free Buyers Amid Real Estate Bankruptcy Resolutions

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.

By Admin

  • 8th Nov 2024
  • 1363 Views
Macrotech Developers Secures Acquisition of Mumbai's Iconic Tulip Star Hotel

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.

By Admin

  • 2nd May 2024
  • 2562 Views
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