Ramky Estates will take over Skylark’s stalled residential projects in Bengaluru as the SWAMIH Investment Fund plans to inject up to ₹600 crore. The funding is expected to revive projects and ease delays for more than 1,800 homebuyers who have been waiting for their homes. The move signals a fresh push for completion using stalled-project rescue capital.
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.
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