Insolvency proceedings commenced at Ansal Property and Infrastructure | Tech Reddy

[ad_1] The National Company Law Tribunal (NCLT) has ordered the initiation of a corporate insolvency resolution process for Ansal Property and Infrastructure. Creditors of Ansal Properties have been asked to submit their claims along with evidence to the Interim Resolution Professional by December 1. The class of creditors determined by the interim resolution professional includes … Read more

Ask Property Fund: ASK Property Fund announces exit from Gulshan One 29 with IRR of 21% | Tech Reddy

[ad_1] ASK Property Fund (“ASK”), the real estate private equity arm of ASK Group, has exited its investment in Gulshan One 29, Gulshan Homez’s project in Noida. The fund invested Rs 125 crore in September 2020 and earned an internal return or IRR of 21%. “We have realized counter-cyclical opportunities in the market for investment … Read more

Property investment in Malaysia – Lexology | Tech Reddy

[ad_1] 1. Introduction Cited by the statement of the Malaysian Investment Development Authority (MIDA), Malaysia is recognized as one of the most sought-after investment destinations by foreign entities due to its favorable investment environment. Due to its strong position at the global level, many investors have considered Malaysia as their manufacturing and global supply chain … Read more

Gurugram property dealer shot dead. Wife, her boyfriend’s accomplice arrested | Tech Reddy

[ad_1] She wanted to kill her husband so she could get his property, marry her lover: the police Gurugram: A woman was arrested in Gurugram on Monday for her alleged involvement in the murder of her husband in connivance with her boyfriend, police said. Dharmesh, 42, a property businessman, was allegedly shot dead by a … Read more

Gurugram property dealer shot dead, family refuses to hand over body: Police | Tech Reddy

[ad_1] Gurugram: Police said the accused fled after the murder. (representative) Gurugram: A 42-year-old property businessman was shot dead by unidentified assailants in his sleep in the early hours of Sunday, police said in Gurugram. The man’s family members have so far refused to hand over the body to the police and are yet to … Read more