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ED restitutes unsold inventory worth ₹175 crore to homebuyers
Hindustan Times Navi Mumbai
|October 15, 2025
NEW DELHI: The Enforcement Directorate (ED) has restituted the unsold inventory of 354 flats, 17 commercial units and 2 plots in project Royal Rajvilas (RRV) at Udaipur, with a present market value of about ₹175 crore, to the resolution applicant of Udaipur Entertainment World Private Limited (UEWPL), appointed under IBC (insolvency and bankruptcy code), 2016. The development has been appreciated by the Supreme Court as well.
The agency said in a statement on Tuesday that the restoration of assets will ultimately benefit around 213 homebuyers who had purchased the units and had been suffering for over 12 years.
Dit verhaal komt uit de October 15, 2025-editie van Hindustan Times Navi Mumbai.
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