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Raheja Developers

Raheja Developers Limited, (RDL), formerly Raheja Developers Private Limited, is an Indian real estate development company with its headquarters in Delhi, India.

RDL was incorporated in 1990 by Navin Raheja, who currently serves as chairman.

Currently, the company is under insolvency proceedings as the Principal Bench of the National Company Law Tribunal (NCLT) has stated the initiation of insolvency proceedings against the realty firm over default on non-delivery of its Gurugram-based Shilas project.

This order came on 19 November 2024.

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  • NCLT had also appointed an Interim Resolution Professional (IRP), uspending the board of the realty firm and putting it under the protection of moratorium against lenders, as per the provisions of the Insolvency & Bankruptcy Code.

    History

    Raheja Developers Limited was incorporated by Navin Raheja in 1990. The group has worked with contractors such as Aedas,[1] Shapoorji-Pallonji and two of its joint-deve