Golden Peacock Residence Private Limited, a real estate company developing the Michael Schumacher World Tower in Gurugram, has officially invited Expressions of Interest (EOI) from potential buyers and investors. The invitation, issued via Form G, marks a critical step in the company’s Corporate Insolvency Resolution Process (CIRP).
The company’s primary asset is its project site located at Sector 109, Dwarka Expressway, Gurugram, where a significant portion of its residential units remain unsold.
Project Status and Inventory
Data released by the Resolution Professional reveals that the development includes a major block with 110 sanctioned units, of which 64 units remain unsold. Additionally, 20 units sanctioned…