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IBBI Pushes for Direct Flat Ownership for Debt-Free Buyers Amid Real Estate Bankruptcy Resolutions

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.

By Admin

  • 8th Nov 2024
  • 1140 Views
5 Smart Ways to Protect Yourself from Real Estate Project Delays

Project delays may be a major issue for homebuyers. Delays ruin plans and cost money and mental energy. Here are five sensible methods to avoid legal issues and streamline the home-buying process.

By Admin

  • 29th Sep 2024
  • 1162 Views
MGM Healthcare Acquires Vizag's SevenHills Hospital Under IBC Process

INR 171-Crore Resolution Plan by MK Rajagopalan Approved by lenders MK Rajagopalan, the promoter of Chennai-based MGM Healthcare, purchased Visakhapatnam's 300-bed SevenHills Hospital through the IBC.

By Admin

  • 18th Jul 2024
  • 1233 Views
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