Eighteen major listed real estate developers sold properties worth Rs 1.17 lakh crore during the last fiscal with Godrej Properties becoming the largest player posting Rs 22,527 crore of sales bookings.
Except for a few realty players, all major developers have achieved higher sales bookings in
The Insolvency Appellate Tribunal NCLAT upheld its Adani Goodhomes resolution plan for Radius Estate. NCLAT rejected petitions from two dissenting financial creditors, and approved the plan to provide possession to nearly 700 flat owners without price escalation. The plan was opposed by Beacon Trusteeship and ICICI Prudential Venture Capital Fund Real Estate, who claimed it was unfair, but NCLAT affirmed the Commercial Creditors Committee s decision.
The Mumbai bench of the National Company Law Tribunal (NCLT) on January 9, 2022, has approved the resolution plan of Adani Goodhomes, a part of Adani Realty
Adani Goodhomes: A two-member bench comprising the NCLAT Chairman rejected the petitions by two dissenting financial creditors, saying it was "commercial wisdom" of the Committee of Creditors (CoC), which approved the payout to different creditors.
Adani building team for retail, hospitality foray financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.