Thane: Cloud over 30 Nirmal Lifestyle housing projects

Following the arrest of promoters last week, RERA data shows hundreds of homebuyers are at risk of never getting their dream homes

More trouble is in store for investors of Nirmal Lifestyle’s 30 projects in Thane district, as they face insolvency after the firm failed to repay debts. The revelation was made by MahaRERA last week, around the same time the real estate firm’s promoters were arrested in a case linked to different projects.

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