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Raheja Developers
Krishna Housing Scheme Project - Project Specific CIRP
The Hon'ble National Company Law Tribunal, New Delhi Bench, Court-IV vide order dated 21.06.2025 passed in CP (IB) No. 284/2025 in the matter of Shravan Minocha & Ors. vs. M/s Raheja Developers Limited, has admitted the application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 ("IBC") and initiated Corporate Insolvency Resolution Process ("CIRP") against M/s Raheja Developers Limited ("Corporate Debtor"). Thereafter the Hon'ble NCALT, video its order 10.04.2026 has restricted the CIRP to project specific for Krishna Housing Scheme Project only.
Therefore, now the CIRP pertains to the project namely "Raheja Krishna Housing Scheme", Sector-14, Sohna, Gurugram, Haryana.
Accordingly, a corrigendum to the public Announcement in the newspapers dated 11.04.2026, has been issued inviting claim from all claimants of the subject project and have received various claims as well from Allottees and continue to receive the same.
Project Overview (As on 21.08.2025)
| Residential | Commercial | Total | |
|---|---|---|---|
| Total Planned Units | 1644 | 147 | 1791 |
| Sold | 1246 | 41 | 1287 |
| Unsold | 398 | 106 | 504 |
| Unsold area in Sq. Ft | 194537 | 56713 | 251250 |
Submission Claims
Accordingly, pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016 read with Regulation 6A and Regulation 16A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, allottees/homebuyers being creditors in a class are requested to submit their claims, if not already submitted earlier.
The claims by Allottees are required to be submitted along with supporting documents including:
- 1.Builder Buyer Agreement / Allotment Letter/Agreement for sale
- 2.Proof of payments made and Ledger provided by Corporate Debtor
- 3.PAN Card and Aadhaar Card
- 4.Address proof
- 5.Any other supporting documents, evidencing existence of debt relating to the claim
The claim may be submitted through Email:
cirp.raheja.developers.khs@gmail.comAll Claimants are requested to submit claim immediately, if not submitted so far.
For any clarification or assistance regarding filing of claims, you may connect on WhatsApp to Mobile No: 8130041987.
Krishna Housing Scheme Project - Project Specific CIRP of Raheja Developers Limited
Download Official Order PDFIt is further informed that creditors in a class shall be represented in the Committee of Creditors through an Authorized Representative Mr. Sanjay Mehra having IBBI Reg No. IBBI/IPA-001/IP-P01818/2019 -2020/12784 appointed in accordance with Section 21(6A) (b) of the IBC 2016 and Regulation 16A of the CIRP Regulations 2016.
