real estate news
JAL Insolvency: Lenders Reject Jaypee Infratech's Bid, Five Others Submit Plans
Lenders of Jaiprakash Associates Ltd (JAL) have rejected Jaypee Infratech's bid to acquire the bankrupt company. Five other companies have submitted resolution plans, including Adani Enterprises, Vedanta Group, and Dalmia Bharat Cement.
Real Estate
Unveiling the ₹1,700 Crore Jaypee Infratech Real Estate Scandal: Money Laundering and Institutional Complicity
The Enforcement Directorate (ED) has launched a major investigation into Jaypee Infratech Ltd and its affiliates, uncovering cross-border fund transfers, shady property transactions, and possible complicity involving top real estate players in Noida and Greater Noida.
real estate news
ED Conducts Raids on Jaypee Infratech, Jaypee Associates in ₹12,000 Crore Fraud Case
The Enforcement Directorate (ED) has launched raids at multiple locations in Delhi-NCR and Mumbai as part of a money laundering probe against Jaypee Infratech, Jaypee Associates, and other associated entities in a ₹12,000 crore investment fraud case.
Real Estate
Enforcement Directorate Raids Jaypee Infratech and Others in ₹12,000 Crore Fraud Case
The Enforcement Directorate (ED) has conducted multiple searches against Jaypee Infratech, Jaiprakash Associates, and other entities involved in a ₹12,000 crore fraud case, focusing on the alleged diversion of funds from homebuyers and investors.
Real Estate Mumbai
ED Conducts Raids on Jaypee Infratech, Gaursons, and Others in ₹12,000 Crore Fraud Case
The Enforcement Directorate (ED) has launched search operations at 15 locations in the Delhi NCR and Mumbai regions, targeting offices and properties related to Jaypee Infratech, Gaursons, and other affiliated companies. The probe focuses on a massive ₹12,000 crore fraud case involving fund diversion and affecting homebuyers and investors.
Real Estate
ED Conducts Searches in ₹12,000 Crore Fraud Case Involving Jaypee Infratech and Homebuyers
The Enforcement Directorate is conducting searches in a ₹12,000 crore fraud case involving Jaypee Infratech, Jaypee Associates Limited, and homebuyers. The searches are being carried out at 15 premises in Delhi-NCR and Mumbai.
Real Estate
Jaypee Infratech to Invest ₹5500 Crore to Revive 20,000 Units in Delhi-NCR
Jaypee Infratech, under the leadership of Suraksha Group, has received re-validation of RERA registration for seven stalled real estate projects in Delhi-NCR, comprising over 10,000 units. The company plans to invest ₹5500 crore to complete these and other stalled projects, bringing hope to thousands of homebuyers.
real estate news
Suraksha Group-led Jaypee Infratech to Invest ₹5500 Crore in Completing 20,000 Delayed Housing Units
Suraksha Group-led Jaypee Infratech has announced a significant investment of ₹5500 crore to complete 20,000 delayed housing units over the next three years. This move aims to address the long-standing delays and ensure the timely delivery of projects.
Real Estate
Homebuyers Issue Notices Over Delay in Suraksha Group’s Construction
Homebuyers have issued notices to Suraksha Group and other stakeholders over significant delays in the construction of their projects. Ashish Mohan Gupta, president of the Jaypee Infratech Real Estate Allottees Welfare Association, highlighted the growing
real estate news
Jaypee Homebuyers Protest as Flats Remain Delayed, Construction Stalled
For over a decade, buyers who invested in real estate projects of Jaypee Infratech Limited (JIL) have been awaiting the completion of their flats, with many still facing delays and stalled construction.
real estate news
Jaypee Infratech Reports Rs 88.2 Crore Profit in Q2 FY25
Jaypee Infratech, one of India’s leading real estate developers, has reported a significant profit of Rs 88.2 crore in the second quarter of the fiscal year 2025. This marks a substantial turnaround from the previous quarters and highlights the company's
Real Estate Mumbai
Suraksha Group Identifies 2552 Acres of Land for Jaypee Infratech Lenders in Delhi-NCR
The group has appointed real estate consultant CBRE to help in land identification process. The move is part of the resolution plan to settle dues of lenders.
Real Estate Mumbai
Suraksha Group Injects Rs 250 Crore into Jaypee Infratech, Plans to Complete 20,000 Unfinished Flats in Delhi NCR
Suraksha Group has infused Rs 250 crore in Jaypee Infratech after acquiring it through insolvency process and has also arranged a Rs 3,000 crore loan facility.
Real Estate Mumbai
Suraksha Group Takes Control of Jaypee Infratech, Appoints New CFO and Delists from Stock Exchanges
Mumbai-based Suraksha Group has taken control of Jaypee Infratech Ltd (JIL) and appointed Devang Pravin Patel as its new Chief Financial Officer (CFO). The company will also delist its shares from stock exchanges.
real estate news
Suraksha Group Acquires Jaypee Infratech: A New Chapter for Homebuyers
Suraksha Group takes over Jaypee Infratech, investing Rs 125 crore in equity funds to revive stalled housing projects