Download the app
← Latest news

ReaRCo acquires KV Developers saving nearly 400 Greater Noida homebuyers from a stalled project

Business
Published on 24 April 2026
ReaRCo acquires KV Developers saving nearly 400 Greater Noida homebuyers from a stalled project

SWAMIH Fund funds the comeback for five towers

ReaRCo Private Limited has acquired KV Developers via the insolvency process, offering relief to around 400 homebuyers in Greater Noida. The firm secured Rs 195 crore from the SWAMIH Fund to restart work on a stalled project. Construction is now underway on five towers, and dues to lenders and the development authority have been cleared, with possession expected by year-end.

  • ReaRCo acquired KV Developers through insolvency
  • Rs 195 crore SWAMIH funding kickstarts the stalled project
  • Work is underway on five towers in Greater Noida
  • Lender and authority dues have been cleared; possession soon
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.