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CHRONOS PROPERTIES
Brookfield-backed Chronos Properties renews bank guarantee to stay in race for IL&FS's Bandra Kurla Complex officeBrookfield-backed Chronos Properties has renewed a Rs 148 crore bank guarantee. This action keeps them in contention for acquiring IL&FS's ...- NCLT's valuation flags cloud IL&FS HQ saleIn a recent order, the National Company Law Tribunal (NCLT) rejected the proposed sale of two IL&FS-owned commercial properties -Mafatlal C...
- NCLAT asks IL&FS to not create third-party rights over headquarters propertyThe NCLAT has directed IL&FS not to create any third-party interest over its Mumbai headquarters. This comes after Brookfield's appeal agai...
- IL&FS could get 25% rise in valuation for its headquarters in BKCIL&FS headquarters in BKC may see a 25% price increase. The NCLT allowed a valuation revision due to Mumbai's real estate growth. Brookfiel...
- NCLT dismisses Chronos Properties' Rs 1,080 cr bid for IL&FS flagship BKC propertyThe National Company Law Tribunal (NCLT), Mumbai Bench, in its order on November 28, disposed of the application filed by Chronos seeking e...
- IL&FS seeks to disqualify Brookfield Co from buying its finance centreIL&FS has filed a plea seeking to reverse the sale of its iconic BKC building to Brookfield, alleging non-compliance with bid conditions. T...
- IL&FS seeks fresh MMRDA approval for transfer of HQ in Mumbai's BKCIL&FS applies for MMRDA approval to transfer its BKC headquarters to Brookfield Asset Management. NCLT's transfer is pending, causing delay...
- IL&FS gets NCLT approval to sell HQ to BrookfieldBrookfield's affiliate company Chronos Properties has emerged as the successful bidder to acquire the marquee property for over ₹1,080 cror...
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