Mumbai-based Suraksha Group, that took over the embattled real estate firm Jaypee Infratech last week by constituting a three-member board, has infused ₹125 crore equity fund in JIL, as part of its resolution plan to complete 20,000 incomplete flats providing relief to homebuyers whose investments are stuck across various projects being developed in Delhi-NCR. Suraksha Group infuses ₹ 125 cr …
The National Company Law Appellate Tribunal on Friday upheld Mumbai-based Suraksha Group’s resolution plan for the debt-ridden Jaypee Infratech Limited that has failed to deliver around 20,000 apartments in its housing project “Wish Town” in sectors 128, 129, 130, 131 and 132 areas along Noida-Greater Noida Expressway. The Yamuna Expressway Industrial Development Authority had approached National Company Law Appellate Tribunal, …
Four private companies were on Friday allotted 50,000 square metres land near the upcoming Jewar airport, in a move expected to bring investments worth Rs 178.21 crore along with 2,480 jobs in the region, officials said. “The applicants were interviewed via video conference by an official committee headed by YEIDA CEO Arun Vir Singh after which four firms were allotted …
