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Legal▲ Bullish for Adani Group
IBC helps 1.4 lakh homebuyers move closer to possession from stalled projects
The brief
- More than 1.4 lakh homebuyers have received homes from stalled projects
- Adani Realty and Lodha are among developers named in connection with revived projects
- Project resolution supports homebuyer confidence and may benefit listed real estate developers such as Lodha Developers
- PC Jeweller clears dues to all 14 consortium banks and becomes debt-free
- Adani Power share price jumps after receipt of NCLT nod for merger of 10 wholly owned subsidiaries