Business Standard

Jaypee Group's plan for homebuyers: Sell Yamuna Expressway for Rs 2,500 cr

Jaypee said that it would use the returns to pay back some of the money it owes to more than 30,000 people

Jaypee Infratech
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Photo: Reuters

BS Web Team New Delhi
The embattled Jaypee group on Friday told the Supreme Court that it would like to "hive off" the multi-crore Yamuna Expressway to generate money.

Jaypee Associates told the apex court that it has an offer worth Rs 2,500 crore and sought permission to give the project to another party. A bench of Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud said it will hear the matter on October 23.

Jaypee said that it would use the returns to pay back some of the money it owes to more than 30,000 people to whom it has

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