The assets include a commercial property known as ‘Inspire BKC’ in Mumbai’s business district Bandra-Kurla Complex and a land parcel in Kalyan Shahad on the outskirts of Mumbai. Adani Properties was found to be the only bidder to make Insolvency and Bankruptcy Code (IBC)-compliant proposal for both the properties.
Of the 1.7 lakh homes sold in H1 2025, Mumbai led with 47,035 units, followed by NCR (26,795) and Bengaluru (26,599), a report by Knight Frank India has said
IL&FS has filed a plea seeking to reverse the sale of its iconic BKC building to Brookfield, alleging non-compliance with bid conditions. The insolvent financier claims Brookfield’s unit, Chronos, failed…
