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DISTRESSED PROPERTY COMPANIES
Elon Musk's xAI, SpaceX hit with class action over data center 'nuisance'The lawsuit, made public on Tuesday in federal court in Oxford, Mississippi, claims Musk's companies negligently failed to curb the distu...10 Jun, 2026, 07.13 AM IST- L&T Finance to sell Rs 4,762 crore of distressed assetsL&T Finance, a subsidiary of listed L&T Finance Holding, had invited offers from ARCs for a portfolio of ₹5,293 crore comprising 16 account...28 Sep, 2023, 12.42 AM IST
- NCLAT sets aside plea to stay IL&FS' BKC headquarters saleA two-judge bench of Justice Ashok Bhushan and Dr Alok Srivastava dismissed the appeal by the leading mortgage-finance lender in an order d...01 Mar, 2023, 11.49 PM IST
- Godrej Properties inks pact to acquire 20-acre land parcel in Kalyan near MumbaiThe company is planning residential development on the plot and expects around 1.5 million sq ft saleable area. The project will comprise p...30 Sep, 2020, 03.13 PM IST
- PropShare Capital raising Rs 100 crore distressed strategy fundThis is the second such fund by the platform. Part of the first round of Rs 80 crore raised in June has been invested in a grade A property...18 Sep, 2020, 08.48 AM IST
- PropShare Capital launches COVID-19 distressed opportunities PMS offeringThrough this distressed property, the committed investors will get first and exclusive access to all opportunities with a minimum investmen...02 Jun, 2020, 03.53 PM IST
- Arcil FY19 recovery at 10-year highBad loan aggregator managed to sell more than 1500 properties across the country last fiscal.22 Nov, 2019, 09.16 AM IST
- Banks have first right over pledged assets, rules tribunalThe tribunal has ruled in favour of Standard Chartered Bank in a dispute involving the ED on the Winsome Diamonds & Jewellery case.10 Aug, 2018, 03.18 PM IST
- Hoteliers may be keen on buying Kingfisher House in MumbaiExperts said that since there aren’t many land transactions happening now, lenders may have to look at a distressed sale.17 Mar, 2016, 04.53 AM IST
- Punjab and Haryana High Court asks Centre to maintain single website for distressed propertiesHearing the petition, Justice Rajesh Bindal asked the Union government to create the website within a timeframe in association with the RBI...27 Dec, 2014, 07.18 AM IST
- Punjab High Court asks Centre to launch new website for distressed assetsAs of now, not all official liquidators or creditors have official websites that host details of properties under sale. Notices for sale of...26 Dec, 2014, 03.17 AM IST
- As Sahara raises loans, prospect of Subrata Roy’s release brightensThe company has been trying to sell these properties but, was getting a "pittance" as the word had spread that it was a distress sale.29 Nov, 2014, 12.38 PM IST
- RMZ Corp forays into residential marketLeading corporate real estate developer, RMZ Corp, is charting a new course by foraying into the residential realty space.20 Jan, 2012, 04.48 PM IST
- Companies go bottom fishing; buy out distressed assets to aid ailing realty sectorTop executive quit Morgan Stanley to set up a fund that will focus on distressed assets as he expects real estate NPA levels to rise over t...27 Dec, 2011, 07.49 AM IST
- Citrus Hotels plans Rs 600 crore expansion in 2-3 yearsCitrus Hotels & Resorts, part of Mirah Hospitality, will invest around Rs 600 crore in the next two-to-three years.26 Aug, 2011, 05.34 PM IST
- Credit Suisse offloading property loans: ReportCredit Suisse is selling a 2.8-billion-dollar property portfolio in one of the largest bank sales of distressed loans since the 2008 financ...24 Dec, 2010, 03.05 PM IST
- Siemens puts 13 Mumbai apartments on the blockGerman power equipment and transmission major Siemens has put 13 of its residential properties in Mumbai on the block.23 Jul, 2009, 05.05 AM IST
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