About 3,500 Lotus Panache & Boulevard buyers vote to select firm for completing flats, Real Estate News, ET RealEstate

NOIDA: Around 3,500 buyers of Lotus Panache and Lotus Boulevard β€” two projects of Granite Gate, which is facing insolvency proceedings β€”on Sunday started the voting process to select an agency for completing the flats. Chandra Prakash, the interim resolution professional appointed by NCLT, had on July 6 shortlisted three developers β€” SMV-Jaipuria, Purvanchal and […]

Lotus Panache buyers can complete flats in seven towers, Real Estate News, ET RealEstate

NOIDA: The insolvency resolution professional (IRP) for Granite Gate company, the 3C subsidiary that is building the Lotus brand of housing projects, is yet to finalise a contractor to complete all pending flats, but has invoked Section 20 of the Insolvency and Bankruptcy Code (IBC) to initiate work at seven of 19 towers in Lotus […]

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