Insolvency and Bankruptcy Code (IBC): Fresh Hope for India’s Real Estate Stakeholders (ANAROCK) 22 June 2023
Insolvency resolution has been a bane for Indian policy makers and real estate lenders alike, with a poor track record in terms of recoveries and timeliness before the implementation of Insolvency and Bankruptcy Code, 2016.
In our latest report, we examine the development of the IBC relevance, impact and challenges faced in resolving insolvencies in the real estate sector. Our key findings deal with:
Resolution rates in Real Estate within IBC, compared to other sectors.
- Recovery rate, as a proportion of claims, where resolution has been achieved
- Key challenges specific to resolution of real estate stress
- Way forward in resolving real estate insolvencies
