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JAYPEE HOME POSSESSION
Jaypee Infratech to invests Rs 3,000 crore in next 2 yrs to complete stalled projectsJaypee Infratech will invest Rs 3,000 crore over two years to complete stalled housing projects. All stuck homebuyers will receive their ap...- Suraksha Group says Jaypee flats to be delivered by March 2028Suraksha Group is set to complete twenty thousand homes from Jaypee Infratech by March twenty twenty-eight. Despite numerous towers built, ...
- Adani submits non-binding bid for Jaypee Infra; offers Rs 1,700 cr to complete housing projectsAdani group had participated in the first round of insolvency process but did not bid in the current round within the fixed timeframe.
- Jaiprakash Associates promises 500 flats per month to homebuyersA bench consisting of CJ Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud decided to hold day-today hearing to wind up the case.
- Deposit Rs 1,000 crore by June 15 to avoid liquidation: Supreme Court to JALIn September 2017, the apex court had ordered JAL to deposit Rs 2,000 crore as security against the amount due to home buyers seeking a ref...
- Jaypee Infratech's customers write to IRP to protect home buyers' interestHome buyers have also questioned the criteria adopted for evaluating various bidders interested in debt-resolution of Jaypee Infratech, say...
- JP Associates deposits Rs 100 cr in home buyers' caseThe Supreme Court had asked it to submit a project-wise chart of home buyers seeking refund so that the amount can be dispersed on pro-rata...
- No wrongdoings, keen to deliver flats: Jaypee GroupLast week, the insolvency resolution professional appointed for Jaypee Infratech had moved NCLT alleging irregularities in the mortgage of ...
- Jaypee aims to complete 24K flats by 2020 at Rs 8,000 cr costThe Jaypee group is investing about Rs 20-30 crore a month on construction and the fund is coming from toll collections.
- Jaypee infra targets delivery of 5,100 flats by march 2018Jaypee Infratech had in 2007 proposed to build over 32,000 flats and some plots under the Integrated Wish Town project located along the No...
- Home buyers are main sufferer of real estate industry, neither getting home nor refund: SCThe court's observations came as it heard a plea of thousands of home-buyers in Jaypee Infratech Ltd(JIL) projects seeking the refund of mo...
- Homebuyers of Jaypee Wish Town project must get their flats or their money: Supreme CourtThe apex court revived the insolvency proceedings against Jaypee Infratech Ltd and given its management control to the IRP, appointed by th...
- IDBI Bank moves Supreme Court against stay on Jaypee insolvency proceedingsIDBI Bank lender said the stay, sought by buyers yet to get possession of their flats, takes the co out of the control of the insolvency pr...
- Supreme Court stays insolvency resolution proceedings against Jaypee InfratechThe court issued notices to Jaypee, its parent company Jaiprakash Associates, the RBI, IDBI Bank, the ministry of finance and the ministry ...
- Jaypee ready to hand over 25 apartmentsThe handovers, by the insolvency resolution professional (IRP) appointed for the company, are part of a bigger exercise to give possession ...
- Jaypee Infratech hits lower circuit as govt plans to sell assets to complete flatsJaypee Infratech, a part of the debt-ridden Jaypee group, has defaulted on Rs 526.11 crore outstanding loan to IDBI.
- Insolvency proceedings against Jaypee won't delay housing projectsThe announcement was made by Noida Authority after a meeting with MD Manoj Gaur, senior officials of IDBI Bank and interim resolution profe...
- FIR against Amrapali, fresh case against Jaypee groupThe FIR was registered by 22 homebuyers, invoking sections 420, 406, 467,468 and 120B of IPC at Knowledge Park police station in Greater No...
- Supreme Court stays execution of 12% per annum penalty on Jaypee by NCDRCSC did not stay two other parts of NCDRC judgment which said Jaypee cannot charge for car parking and for increase in super area post const...
- NCDRC orders Jaypee to pay 12% annual penalty to home buyers in Kalypso Court project in NoidaIt asked the builder to provide adequate parking spaces in the project and refund the excess amount, if any, that has been collected from h...
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