Others who showed interest in acquiring Jaiprakash Associates Ltd (JAL), currently under insolvency proceedings initiated to recover defaulted loans, include Ahmedabad-based Torrent Group, Jindal Power, Dalmia Cement, GRM Business, Oberoi Realty and Kotak Alternate Asset Managers Ltd, according to a filing by the company to stock exchanges.
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Sunday, April 6, 2025
Saturday, April 5, 2025
After 10 year delay, Unitech set to restart work on six projects in Gurugram
The six projects — Alder Grove Villas, Espace Premiere Villas, Exquisite Group Housing, Nirvana Country-2 Plots, The Willows Plots and Nirvana Courtyard-2 (commercial) — were launched in 2009 but came to a halt in 2014 due to regulatory hurdles and severe financial distress.
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Friday, April 4, 2025
Adani Group buys land parcel in South Mumbai's Carmichael Road for Rs 170 crore
The land parcel, which is among the rare large freehold plots available in the highly sought-after neighbourhood, currently houses an old residential cottage spread over 2,760 sq ft. The acquisition has been executed through Adani Group subsidiary, Mah-Hill Properties.
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Subhash Ghai sells two apartments in Mumbai for ₹11.61 crore
Ghai sold both apartments for ₹5.80 crore each, with each flat having a carpet area of 889 sq ft (82.59 sq meters) and a built-up area of 1,067 sq ft (99.14 sq meters).
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Thursday, April 3, 2025
ChrysCapital partner, his wife buy Delhi bungalow for Rs 155 crore
The family has paid Rs 9.3 crore in stamp duty and corporation tax for the property, documents accessed through CRE Matrix, a real estate data analytics firm, showed.
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Wednesday, April 2, 2025
Macrotech Developers alleges use of 'fabricated documents' by HoABL to use Lodha brand
In a statement issued later, HoABL denied the allegations of forgery and fraud, and said it will come back with a detailed response.
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Uttar Pradesh government extends two-year zero-period benefit to 15 builders
The waiver is among the several recommendations proposed by a UP govt panel, led by former NITI Aayog CEO Amitabh Kant, to address stalled real estate projects in Noida.
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Adani, Vedanta, Patanjali among 26 in fray to acquire Jaiprakash Associates
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