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DHFL had availed various term loan facilities of more than Rs 4,000 crore and working capital facilities of Rs 450 crores. Wadhawan had provided unconditional and irrevocable guarantees toward the credit facilities granted by the public sector lender to DHFL.

Kenwood Mercantile and Goodfaith Builders are entities belonging to the M3M group and 430 acres of land in Gurugram and Faridabad belonging to these entities has been attached being the "proceeds of crime flowing through a maze of companies to the M3M group", it said.

The highest inflows across all indices are expected from Shriram Housing Finance, HDFC Bank, and Jio Financial Services. The highest outflows are expected to be from SBI, UPL, and ICICI Bank.

The bids, with a base price of Rs 31.80 crore, will be opened on Wednesday evening after 5 pm. Experts expect that the market value of the land is significantly higher than the collectors guideline.

According to GHMC officials, the commercial properties have been sealed after the building owners failed to pay pending arrears in the last two to three years.

Jaipur Municipal Corporation: Janardan Sharma, deputy commissioner (revenue) in JMC Greater, said, “From April 1, 2023 to March 25, 2024, we have collected UD tax of Rs 70.72 crore.

The government, together with commercial banks, plans to provide 40.6 trillion won ($30.3 billion) of financial support for small and medium-sized companies through loan guarantees and lower interest rates from April.

Chinas biggest private developer is facing a liquidation petition for non-payment of a $205 million loan, with a court hearing in the case set for May 17.

The discrepancies include village boundaries, survey plots, roads, khazan lands, and water bodies not being properly superimposed. The high tide line has also shifted towards land.

Average nationwide land prices rose 2.3% in the year through January 1, the strongest pace of growth since a 11.3% gain in 1991 when land prices started weakening with the bursting of the late 1980s asset bubble.