25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
18 May, 2026, 05.58 PM IST
NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
14 May, 2026, 02.12 PM IST
India’s retirees are choosing keys over deeds in a quiet housing shiftIndia's senior living sector is changing. Seniors are now renting homes instead of buying them. This trend is fueled by longer lifespans an...
10 May, 2026, 12.03 AM IST
China’s property prices crash to 2005 levels: Could India face a similar housing slump?China's property market faces a prolonged downturn, with prices hitting near two-decade lows, sparking fears of a similar correction in Ind...
29 Apr, 2026, 09.38 AM IST
No campus housing? Key renting rules for Indian students in the USIndian students pursuing education in the US on F1, M1, or J1 visas often face challenges securing off-campus housing. Landlords typically ...
17 Apr, 2026, 07.01 AM IST
NeSL enabling real-time access to digital debt & claims data in insolvency casesNeSL is providing instant access to digital default records for insolvency cases. This helps authorities quickly verify debt and claims. Am...
06 Apr, 2026, 12.33 AM IST
NCLT admits Future Group affiliate Acute Retail Infra under the insolvency resolution processThe Mumbai bench of National Company Law Tribunal has admitted Future Group's Acute Retail Infra Pvt Ltd for Corporate Insolvency Resolutio...
23 Sep, 2024, 11.29 PM IST
Byju's vacates 4 lakh sq ft Bengaluru office space to cut costsByju's was paying a rental of about Rs 4 crore per month for the office space and had signed the rental agreement about 3.5 years ago with ...
20 Feb, 2024, 07.36 AM IST
Eqaro Guarantees, co-living firm FF21 in pact for rental bonds in IndiaThese bonds are issued on behalf of the tenant favouring the landlord and will cover unpaid rent, utility bills, or any other damage incurr...
09 Jun, 2021, 10.55 PM IST
No tax on rent to be paid by owner, if the tenant defaults on it: Tax tribunalThe Income-tax Appellate Tribunal has given this ruling in respect of a case pertaining to Navi Mumbai based leasing company. This will hav...
27 Nov, 2020, 06.23 PM IST
Truck rentals fall due to excessive rains, may push transporters closer to defaulting on loans: ReportBetween 45,000-50,000 heavy trucks could be repossessed in the coming three months if the situation does not improve for transporters, IFTR...
02 Sep, 2020, 02.57 PM IST
For China's landlords, rent-to-riches dreams fade in red flag for fragile economyAnalysts say there's little prospect of widespread mortgage defaults for now, and property prices continue to grow, albeit more slowly. But...
14 Aug, 2020, 01.35 PM IST
With 15 more grounded, Jet Airways has just 20 planes in operations nowJet Airways has grounded 15 more aircraft due to non-payment of rentals to lessors.
03 Apr, 2019, 06.08 AM IST
Tower companies pare service to RCom on rental defaultsIn June, RCom entered into a strategic debt restructuring, under which it has till December for a solution, after which lenders can initiat...
07 Oct, 2017, 12.06 AM IST
US aircraft lessor ILFC sends rental default notice to Jet AirwaysNaresh Goyal-promoted Jet Airways has been slapped with a default notice by one of its lessors, ILFC, for non-payment of rentals.
27 Sep, 2013, 09.12 PM IST
- DVB sues Kingfisher for rental default
Kingfisher Airlines, the debt-laden aviation company run by Vijay Mallya, has been sued by Singapore’s DVB Aviation Finance Asia Ltd., seek...
22 Jul, 2010, 04.50 AM IST
- DVB Aviation sues Kingfisher Airlines for default on aircraft rentals
Vijay Mallya owned Kingfisher Airlines has landed in fresh trouble with Singapore based DVB Aviation Finance Asia Ltd , a subsidiary of Ger...
21 Jul, 2010, 08.09 PM IST