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Latest from jaypee infratech

NCR real estate news: Work on 41 towers of Jaypee Wish Town resumes

NCR real estate news: The contracts for 56 towers will be awarded in the coming months, with Suraksha Group on track to meet the timelines

Suraksha Group will infuse around <span class='webrupee'>₹</span>8,000 crore to complete and deliver these 20,000 apartments in the next two to three years. (Virendra Singh Gosain/HT PHOTO)
Updated on Aug 24, 2024 06:14 AM IST
By, Noida

Supreme Court slams Noida authorities for ignoring homebuyers

The Supreme Court rued that the authorities in Noida prioritised the recovery of dues from developers over the interests of those who had invested in homes

The bench directed YEIDA to submit records of schemes and regulations it has framed and implemented to ensure the protection of homebuyers’ interests. (Sanchit Khanna/HT photo)
Updated on Aug 24, 2024 03:00 AM IST
By, New Delhi

Yeida to meet Suraksha Group in a month to iron out farmer compensation issue

After the meeting, it was decided that a consultant will study the resolution plan of Suraksha Group, which is set to take over Jaypee, and will suggest a suitable way to address the issues related to the matter

The meeting was called after the National Company Law Appellate Tribunal (NCLAT) directed both parties to resolve the compensation issue. (Photo for representation)
Updated on Apr 27, 2023 11:59 PM IST

‘Best Holi gift’: Over 20,000 homebuyers welcome Jaypee Infratech takeover

Around 20,000 homebuyers have been waiting for over a decade to take possession of homes as JIL failed to deliver flats as per the stipulated time frame, citing a financial crisis in the company.

JIL was to deliver flats from 2012 in its project Wish Town located in Noida’s sectors 128, 129, 130, 131 and 132, among others, but failed to do so claiming that the company was bankrupt. (HT Archive)
Updated on Mar 08, 2023 04:36 AM IST
By, Noida

SC orders swift completion of insolvency proceedings of Jaypee Infratech

More than 20,000 flats in a Noida project were yet to be completed by the JIL when the insolvency proceedings began for the real estate firm in August 2017

 (Representational image)
Updated on Nov 23, 2021 02:54 AM IST
By, Hindustan Times, New Delhi
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