Gstaad Hotels is set to raise up to ₹1,300 crore through the sale of its JW Marriott Bengaluru property amid insolvency proceedings, attracting over 40 bidders in what could be India's largest single-asset hotel monetisation.

Proposed IBC reforms by IBBI aim to resolve delays, ensure fair claims, and enhance transparency, offering relief to homebuyers and strengthening the real estate resolution framework.

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.