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RAJESH LIFESPACE
Stock market update: Nifty Realty index 2.14%The Nifty Realty index closed 2.14 per cent at 1077.15.- NCLAT stays order to re-run Rajesh Business' bankruptcy processThe National Company Law Appellate Tribunal has stayed a lower court's order to restart the bankruptcy process for Rajesh Business & Leisur...
- NCLT dismisses resolution for Rajesh Lifespaces' hotels business, orders rerunThe NCLT has dismissed the resolution plan for Rajesh Business & Leisure Hotels due to non-compliance and procedural irregularities. Stakeh...
- Rajesh Lifespaces' lenders invoke guarantees to recover duesRajesh Business & Leisure Hotels owes lenders, led by ICICI Bank, more than ₹621 crore. In March lenders had unanimously voted for the Rare...
- Losing bidder opposes award of Rajesh Lifespaces' hotel unitIn its petition, Sankalp has cited illegality in the process, alleging that the consortium was given a "back door entry" after the initial ...
- Rare-Naman gets the vote for Rajesh Lifespaces' hotel unitThe Rare-Naman Group consortium had offered ₹461 crore upfront in cash with another ₹31 crore in equity, making it the preferred bidder for...
- Labdhi to take over Rajesh LifeSpaces' project in MumbaiWith this acquisition, Labdhi will be the lead developer of the project to be now known as Labdhi Searene, while Rajesh LifeSpaces makes a ...
- Rare-Naman leads race for Rajesh Lifespaces' hotel armThe consortium's offer of ₹461 crore upfront with another ₹31 crore in equity in the company is likely to be declared as the top bid by ban...
- Three bidders in close fight for Rajesh LifeSpaces’ hotel businessThe three bidders have offered different plans which will now be evaluated by Resurgent Resolution Professionals, the valuer appointed by b...
- Lenders fix base auction price of ₹305 crore for Rajesh LifeSpaces' hotel businessBidders will have to increase their bids by ₹10 crore in each round with the lowest bids getting eliminated, people familiar with the proce...
- Sankalp top bidder for stressed hotel unit of Rajesh LifespacesBanks received six bids with resolution plans ranging from ₹145 crore to ₹250 crore in the initial round of bidding conducted last month. S...
- Indian Hotels, Chalet among cos keen to acquire debt of Rajesh Lifespaces' armAmong the others interested in the company, with a hotel property in Mumbai's Powai, are large alternative asset funds such as Oaktree, Kot...
- Rajesh landmark projects goes into insolvencyIREP Credit Capital has sought to invoke the provisions of IBC for a resolution of an unresolved financial debt of nearly Rs 27 crore. The ...
- Motilal Oswal arm to put Rs 63 crore in Realty projectSharad Mittal, director & head of Motilal Oswal Real Estate, said the company will invest in PBEL City through its third real estate fund, ...
- ASK Group mops up Rs 1,400 crore through realty fundThe fund that was launched in October 2014 aims to invest in mid-sized self-liquidating residential projects in six major cities.
- Milestone Capital to raise Rs 500 croreMilestone Capital Advisors said it is expecting to raise Rs 500 crore from its 'Milestone Opportunities Fund 10'.
- ASK Group invests Rs 365 crore in Rajesh Lifespaces’ Vikhroli projectASK Group, a diversified financial services group, has invested Rs 365 crore in realty developer Rajesh LifeSpaces’ Vikhroli suburb project.
- ASK Group exits Rajesh Lifespaces’ Mumbai project at Rs 124 croreASK has announced its exit worth Rs 124.4 crore from realty developer Rajesh Lifespaces' project Raj Altezza in Mulund suburb of Mumbai.
- Motilal Oswal real estate arm raises Rs 500 crore fundBased on the response for its second fund, Motilal Oswal Real Estate is planning to launch its third fund with a target corpus of Rs 750 cr...
- ASK Property invests Rs 147 crore in a residential project of ATS groupThe investment of Rs 147 crore in ATS group will be through structured instruments that will ensure 30% economic interest in the project.
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