Among the financial creditors, the country's largest lender, State Bank of India, including SBI Singapore, submitted the highest claim of Rs 10,082.90 crore

Charge sheet filed by the Enforcement Directorate earlier this month has revealed that HDIL group companies need to repay Rs 6,117.93 crore to PMC Bank as on August 31, 2019

Manjit Kaur Ishwar Singh, who was Joint General Manager (Credit) in PMC Bank, told ED during the probe that HDIL had around total 44 loan accounts which included personal accounts of HDIL's promoters Rakesh Wadhawan and Sarang Wadhawan

Home financiers have collectively lent around Rs 47,900 crore to builders as of June 2019 up from Rs 12,770 crore in June 2016. But, their exposure in absolute terms did not change much, for state-owned lenders

Anarock tracks seven major cities -- Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, Pune, Hyderabad, Chennai and Kolkata

The stock opened 4.74% higher at Rs 304 on BSE today. The mid cap stock has risen 3.17% in the last 2 days. 

The Singh brothers stated that could pay the $500 million to compensate Daiichi only if they recover the money owed to them by RSSB chief Gurinder Singh Dhillon and his family

The Delhi HC court had asked Gurinder Singh Dhillon and his family members, Singh brothers, former Religare chief Sunil Godhwani and his brother Sanjay Godhwani to be present at the court hearing on November 14

The investment manager along with developer will ensure that the end-use of funds is only to complete the project, says the government

Companies are seeing an uptick in spending on fashion brands, electronic items, auto and even in real estate

BusinessToday.In on March 12 reported Singh brothers could only pay the $500 million order against them to compensate Daiichi, provided the money owed to them by RSSB chief Gurinder Singh Dhillon and his family is recovered

The number of property developers falling into bankruptcy has doubled during the past nine months, piling pressure on NBFCs. Potential implosions of these NBFCs could expose banks

On May 28, the Delhi HC had issued a garnishee order against Dhillon and other 55 entities, which expanded the scope of the people from whom the money owed by the Singh brothers to Daiichi can be recovered to honour the $500 million arbitration award

PMC Bank crisis: The ED filed a money laundering case against the HDIL promoters in the Rs 4,355 crore Punjab and Maharashtra Cooperative (PMC) Bank fraud case. The agency is also looking for details of other 18 companies linked to HDIL.

According to the letter, 450 HDIL homebuyers have paid a total of Rs 350 crore to the bankrupt realtor for a suburban Mulund project, which has been stuck for nine years now. 

Punjab and Maharashtra Cooperative Bank put its entire might behind the defaulter HDIL Group to save it from bankruptcy. BT has traced Rs 1,658 crore to 11 entities connected directly or indirectly to the HDIL Group

Real estate companies will be spending more on performance, marketing and sales related efforts than building brand and accordingly have cut their ad spends by almost 50 per cent, according to a media and digital marketing communications company