If you're investing in real estate debt or structured finance, this Gurugram builder's insolvency...

If you're investing in real estate debt or structured finance, this Gurugram builder's insolvency is a stark reminder.

NCLT's admission despite 'extended redemption' claims highlights the court's focus on contractual sanctity and investor protection. Due diligence on developer liquidity and clear debt covenants are non-negotiable. This signals a tightening noose on defaults.

https://realty.economictimes.indiatimes.com/news/regulatory/vatika-real-estate-developer-faces-bankruptcy-amid-rs-274-crore-default/128017230