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RADIUS ESTATES IBC
MahaRERA flags 314 housing projects under insolvency, cautions homebuyersMahaRERA has warned homebuyers against purchasing properties in 314 projects undergoing insolvency proceedings. Significant investments hav...- NCLAT upholds Adani Goodhomes bid with 93% haircut for Radius EstateThe Insolvency Appellate Tribunal NCLAT upheld its Adani Goodhomes' resolution plan for Radius Estate. NCLAT rejected petitions from two di...
- Adani bid for Radius Estates approved by 80% of creditorsDebenture holders oppose Adani bid citing 90% ‘haircut’, may approach NCLAT.
- Debenture holders oppose Adani Realty’s bid for Mumbai developer Radius EstatesICICI Pru AMC and Beacon Trusteeship, who hold debentures of Radius, have approached NCLT to stop voting on Adani’s bid.
- How the realty sector is being plagued by severe cash crunchWith buyers disinterested and lenders disappearing, the spectre of insolvency and price crash looms large.
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