|
Issue of Auction Notice |
11-09-2026 |
Sapphire Space Infracon Private Limited |
09-10-2026 |
Mr.Harish Kant Kaushik |
PDF
(2.92 MB)
|
36,00,00,000 |
Composite sale of th...
Composite sale of the Sathyanagar Project of Conglome
Technoconstructions Private Limited and Sapphire Space
Infracon Private Limited, by way of a slump sale under
Regulation 32(b) of the Insolvency and Bankruptcy Board
of India (Liquidation Process) Regulations, 2016, as
amended, comprising all assets, rights, title, interests,
benefits, entitlements and obligations forming part of the
Sathyanagar Project and capable of being transferred under
Applicable Law, including:
(a) Conglome Technoconstructions Private Limited:
immovable property comprised in Survey Nos. 17,
39/2, 35/1/A and 39/2/1, Ranishigaon (Nevale)
village, Boisar–Palghar, District Palghar,
Maharashtra, admeasuring approximately 16.22
acres, together with all structures constructed thereon
and all rights and appurtenant interests relating
thereto;
(b) Sapphire Space Infracon Private Limited:
immovable property comprised in Survey Nos.
17/2B, 39/2, 35 and 11/1A, Ranishigaon (Nevale)
village, Boisar–Palghar, District Palghar,
Maharashtra, admeasuring approximately 16 acres,
together with all structures constructed thereon and
all rights and appurtenant interests relating thereto;
(c) all Development Rights, including rights arising
under the Joint Development Agreement and other
Project-related arrangements;
(d) all FSI, fungible FSI, premium FSI, TDR, loading
rights and other development potential relating to the
Sathyanagar Project, to the extent available and
transferable under Applicable Law;
(e) all buildings, structures, works-in-progress,
infrastructure, common areas, amenities, utilities and
other improvements forming part of the Sathyanagar
Project;
(f) all Units forming part of the Sathyanagar Project,
other than Units in respect of which possession has
been handed over to the respective Allottees prior to
the applicable Insolvency Commencement Dates of
the respective Corporate Debtors and which are
excluded from the liquidation estate under
Regulation 46A of the Liquidation Regulations;
(g) all registered Agreements for Sale in respect of the
Units forming part of the Sathyanagar Project,
together with the rights, benefits and continuing
contractual obligations arising thereunder and
capable of being transferred under Applicable Law;
INR
36,00,00,000
INR
3,60,00,000
INR
25,00,000
(h) all Project Receivables arising from or in relation to
the Sathyanagar Project, the Sale Assets, the Units
and the registered Agreements for Sale, excluding
any receivables, monies, interest, compensation or
other amounts exclusively attributable to Units in
respect of which possession has been handed over to
the respective Allottees prior to the applicable
Insolvency Commencement Date;
(i) all Approvals, sanctions, permissions, licences,
registrations and other regulatory entitlements
relating to the Sathyanagar Project, to the extent
transferable, capable of transfer, renewal or
revalidation under Applicable Law;
(j) all Project Documents, designs, drawings, plans,
technical documents, intellectual property, records
and data relating to the Sathyanagar Project;
(k) all contractual rights, benefits and obligations
relating to the Sathyanagar Project and capable of
being transferred to the Successful Bidder; and
(l) all other assets, rights, interests, benefits and
entitlements forming part of or incidental to the
Sathyanagar Project and more particularly described
in the Process Memorandum.
The Sale shall be undertaken as a single composite and
indivisible slump sale for a single lump-sum
consideration, on an “As Is Where Is”, “As Is What Is”,
“Whatever There Is”, “No Recourse” and “Without
Representation or Warranty” basis, subject to the terms of
the Process Memorandum and the Liquidation Regulations.
|
07-10-2026 |
PDF
(179.95 KB)
|
|
Issue of Auction Notice |
11-09-2026 |
Conglome Technoconstructions Private Limited |
09-10-2026 |
Mr.Harish Kant Kaushik |
PDF
(2.92 MB)
|
36,00,00,000 |
Composite sale of th...
Composite sale of the Sathyanagar Project of Conglome Technoconstructions Private Limited and Sapphire Space Infracon Private Limited, by way of a slump sale under Regulation 32(b) of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, as amended, comprising all assets, rights, title, interests, benefits, entitlements and obligations forming part of the
Sathyanagar Project and capable of being transferred under
Applicable Law, including:
(a) Conglome Technoconstructions Private Limited:
immovable property comprised in Survey Nos. 17,
39/2, 35/1/A and 39/2/1, Ranishigaon (Nevale)
village, Boisar–Palghar, District Palghar,
Maharashtra, admeasuring approximately 16.22
acres, together with all structures constructed thereon
and all rights and appurtenant interests relating
thereto;
(b) Sapphire Space Infracon Private Limited:
immovable property comprised in Survey Nos.
17/2B, 39/2, 35 and 11/1A, Ranishigaon (Nevale)
village, Boisar–Palghar, District Palghar,
Maharashtra, admeasuring approximately 16 acres,
together with all structures constructed thereon and
all rights and appurtenant interests relating thereto;
(c) all Development Rights, including rights arising
under the Joint Development Agreement and other
Project-related arrangements;
(d) all FSI, fungible FSI, premium FSI, TDR, loading
rights and other development potential relating to the
Sathyanagar Project, to the extent available and
transferable under Applicable Law;
(e) all buildings, structures, works-in-progress,
infrastructure, common areas, amenities, utilities and
other improvements forming part of the Sathyanagar
Project;
(f) all Units forming part of the Sathyanagar Project,
other than Units in respect of which possession has
been handed over to the respective Allottees prior to
the applicable Insolvency Commencement Dates of
the respective Corporate Debtors and which are
excluded from the liquidation estate under
Regulation 46A of the Liquidation Regulations;
(g) all registered Agreements for Sale in respect of the
Units forming part of the Sathyanagar Project,
together with the rights, benefits and continuing
contractual obligations arising thereunder and
capable of being transferred under Applicable Law; all Project Receivables arising from or in relation to
the Sathyanagar Project, the Sale Assets, the Units
and the registered Agreements for Sale, excluding
any receivables, monies, interest, compensation or
other amounts exclusively attributable to Units in
respect of which possession has been handed over to
the respective Allottees prior to the applicable
Insolvency Commencement Date;
(i) all Approvals, sanctions, permissions, licences,
registrations and other regulatory entitlements
relating to the Sathyanagar Project, to the extent
transferable, capable of transfer, renewal or
revalidation under Applicable Law;
(j) all Project Documents, designs, drawings, plans,
technical documents, intellectual property, records
and data relating to the Sathyanagar Project;
(k) all contractual rights, benefits and obligations
relating to the Sathyanagar Project and capable of
being transferred to the Successful Bidder; and
(l) all other assets, rights, interests, benefits and
entitlements forming part of or incidental to the
Sathyanagar Project and more particularly described
in the Process Memorandum.
The Sale shall be undertaken as a single composite and
indivisible slump sale for a single lump-sum
consideration, on an “As Is Where Is”, “As Is What Is”,
“Whatever There Is”, “No Recourse” and “Without
Representation or Warranty” basis, subject to the terms of
the Process Memorandum and the Liquidation Regulations.
|
07-10-2026 |
PDF
(179.92 KB)
|