Companies are using the Insolvency and Bankruptcy Code to acquire prime urban land in India. This process offers clear titles and approvals, reducing risks for developers. Major conglomerates like Adani Enterprises are actively acquiring land banks through this route. Several high-profile transactions in Mumbai and other cities highlight this growing trend.
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Land crunch, competition drive strategic acquisitions via bankruptcy process
Companies are using the Insolvency and Bankruptcy Code to acquire prime urban land in India. This process offers clear titles and approvals,...
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