ADVERTISEMENT
Can There Be A One-Stop Solution For Homebuyers’ Woes?
Jaypee, Amrapali, Unitech are poster boys of homebuyers’ woes. But what about the other 410 ongoing real estate insolvencies?
05 Sep 2019, 10:09 PM IST
As of June this year, insolvency resolution process has been initiated against 421 real estate companies — the maximum from any sector. Add the insolvencies in the construction space, and the number goes up to 648. Of these, 410 are ongoing — evidence of the fact that the problem is not limited to the poster boys: Jaypee Infratech Ltd., Amrapali Group, Unitech Ltd. and the most recent entrant to Insolvency and Bankruptcy Code — Rahej...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT