NCLT approves resolution plan for Ansal Serene Residency project
ANSALAPI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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NCLT New Delhi approved the resolution plan for Ansal Properties' Serene Residency housing project in Greater Noida on October 6, 2025. Apex Heights Pvt Ltd won with 100 percent CoC vote share. Plan value is Rs 355.35 crore versus liquidation value of Rs 106.39 crore. Secured creditors get Rs 102 crore, home buyers get 64.1 percent, and GNIDA receives 31.4 percent of its claim. The project will be revived and completed.
Positive for the stuck project and home buyers. This is project-level insolvency, not company-wide, so direct benefit for existing APIL shareholders is limited.