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.

Major Indian conglomerates Adani, Vedanta, Dalmia & Suraksha submit bids for debt-laden Jaypee's ₹57000 cr assets. CoC evaluates resolution plans for JAL's real estate & cement portfolio revival.RetryClaude can make mistakes. Please double-check responses.

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.

Project delays may be a major issue for homebuyers. Delays ruin plans and cost money and mental energy. Here are five sensible methods to avoid legal issues and streamline the home-buying process.

Bank of Baroda, a major Supertech Group lender, approved the Dehradun project resolution plan. This approval is crucial, allowing 600 homeowners to finally get their houses. The proposal, presented to the NCLAT, is Supertech's first lender-approved project.

INR 171-Crore Resolution Plan by MK Rajagopalan Approved by lenders MK Rajagopalan, the promoter of Chennai-based MGM Healthcare, purchased Visakhapatnam's 300-bed SevenHills Hospital through the IBC.

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.