A Brookfield spokesperson did not respond to a request for comment while an IL&FS spokesperson declined to comment.

NCLAT had turned down HDFC's appeal for a stay on the sale of the property located in the Bandra Kurla Complex, which is regarded as one of...

A two-judge bench of Justice Ashok Bhushan and Dr Alok Srivastava dismissed the appeal by the leading mortgage-finance lender in an order d...

Brookfield's affiliate company Chronos Properties has emerged as the successful bidder to acquire the marquee property for over ₹1,080 cror...

Cumulatively, IL&FS will now have Rs 980 crore to meet its various liabilities due in this project. The total debt of Khed-Sinnar Expresswa...

Monetisation of these key properties, in the business district of Lower Parel and Chandivali, owned by the company and its wholly-owned sub...

The management team, led by non-executive chairman Uday Kotak, has steered the resolution process of IL&FS Group since October 2018. Kotak'...

The iconic property was one of the first structures to come up in BKC, which is now the de facto Central Business District of the country’s...

At least a dozen entities have expressed initial interest in buying the IL&FS headquarters and the final bids will show the actual conversi...

“While the financial bids are yet to be placed, the deal is estimated to fetch around ₹1,500 crore, given the status and location of the pr...

According to consultants, the commercial property is expected to attract good interest even during the ongoing pandemic given its prime loc...

The group could get Rs 5,000-6,000 crore from the sale of the real estate assets.

IL&FS has defaulted on five of its obligations since August & put headquarters on the block.

IL&FS has not been able to take up any new infrastructure projects after 2015.

The infrastructure financier promoted by state-owned and private lenders is also seeking to raise funds from its institutional shareholders.

The Hyderabad-headquartered construction firm will take up the work at a cost of ₹433.26 crore, which is 1.39% higher than BMRCL estimates.

State-owned Coal India and IL&FS Infrastructure Development Corporation, a wholly-owned subsidiary of IL&FS, on Tuesday entered into a memo...