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NCLT approves Macrotech Developers' resolution plan for V Hotels, ET RealEstate

Under the resolution plan, Macrotech Developers will pay Rs 900 crore in tranches over a period of 270 days. The first tranche of Rs 90 crore has already been remitted. ....

Sv Hotels , Macrotech Developers , Macrotech Developer , V Hotels Insolvency ,

V Hotels: NCLT OKs Macrotech Developers' acquisition of Centaur Hotel owner's V Hotels

Lodha Group-owned Macrotech Developers is paying around Rs 890 crore to acquire the hotel property in Juhu, an affluent suburb in western Mumbai. The bankrupt hotel company had admitted liabilities of over Rs 2,500 crore. Financial lenders of V Hotels had in June 2023 approved Macrotechs resolution plan with all voting in its favour. ....

Vile Parle , Ashish Pyasi , Pulkit Sharma , Anish Niranjan Nanavaty , Pradeep Sancheti , Rohit Gupta , Supreme Court , Lodha Group , Union Bank , V Hotels Ltd , Centaur Hotel , Tulip Star Hotels , Indian Bank , Sv Hotels , Oberoi Realty , K Raheja Corp Real Estate , Asset Reconstruction Company Ltd , Hotel Corporation Of India , Canara Bank , Lodha Macrotech Developers , Punjab National Bank , National Company Law Appellate Tribunal , National Company Law Tribunal , Centaur Hotel Juhu Beach , Macrotech Developer , Mumbai Basedv Hotels Ltd ,

Macrotech's Q4 net profit falls 11.0% YoY to ₹665.00 Crore

The company's total income increased to ₹10,469.5 Crore in FY2023–24 from ₹9,611.2 Crore in the FY2022–2023 fiscal year. ....

United Kingdom , Macrotech Developers , Macrotech Developer ,

Axis Bank leases 81000 sq ft in Mumbai for 5 yrs at a monthly rent of ₹85 lakh

Axis Bank has paid a security deposit of ₹5.12 crore for the deal that was registered on January 31, 2024, the leave and license agreement showed ....

Vile Parle , Axis Asset Management Company , Axis Bank , Axis Bank Ltd , Parle Product Factory Compound , Bank Ltd , File Photo , Macrotech Developer , Lower Parel , Real Estate , Office Space ,