After a six-year long court battle, Mumbai-based Suraksha Group on Tuesday took over debt-ridden Jaypee Infratech Limited and its office-bearers assured homebuyers that the work will soon restart at project sites. We will soon prepare a road map to revive construction at the site and start delivery of apartments,” said Aalok Dave, managing director and chief executive officer, Suraksha Group. …
Spelling major relief to at least 20,000 homebuyers who have been waiting for over a decade to get their homes, all issues holding up the takeover of Jaypee Infratech Limited by Mumbai-based Suraksha Group have been resolved and construction work is set to resume on Jaypee’s stuck housing projects, Yamuna Expressway Industrial Development Authority officials said on Friday. JIL’s day-to-day …
