OUR APPROACH AND METHOD
OUR APPROACH
We focus on the revival of under construction and stressed Real Estate assets currently undergoing IBC. To learn more about our current projects please click the link below:
We undertake a rigorous due diligence approach to every prospective investment including arriving at a clear exit strategy and timeline before acquisition:
Quality Assets
- Time Horizon: projects where major work completed and can be handed over in 2-4 years;
- Committed receivables: Existing buyers have paid significant amount of purchase consideration and will continue.
Project Selection
- Substantial Works Completed: Minimum 50% of construction works should have been completed at time of bidding;
- IBC Centric: Only Projects undergoing Corporate Insolvency Resolution Process (CIRP) under Insolvency & Bankruptcy Code, 2016 (IBC) to be considered;
- Ownership: Land for the project owned by/leased to Project Company.
Financial Selection
- Due Diligence: Robust and detailed due diligence is undertaken before any acquisition;
- Impact: This includes a complete assessment that the project would meet our ESG & Sustainability promise.
Acquisition Under IBC
- No Hidden Liabilities: All outstanding liabilities known and unknown to be addressed as part of the Resolution Plan;
- Clean Slate Start: Resolution Applicant to start on a clean slate with past liabilities clearly resolved in accordance with IBC and applicable laws;
- IBC: Timebound, regulated transaction process.