A total of 4,000 houses have been handed over to their respective owners by the beleaguered Jaypee Infratech in Noida, even as the insolvency process is on.
A source close to the insolvency professional said, “In the next one month 1,000 more houses will be ready for possession.” In Jaypee Infratech’s case, a second term of 180 days was given to find a resolution plan.
Till August, a total of 3,400 houses were ready for possession. When the company went in for insolvency last year, 28,000 homebuyers were left in the lurch.
Recently, the Supreme Court ordered
A source close to the insolvency professional said, “In the next one month 1,000 more houses will be ready for possession.” In Jaypee Infratech’s case, a second term of 180 days was given to find a resolution plan.
Till August, a total of 3,400 houses were ready for possession. When the company went in for insolvency last year, 28,000 homebuyers were left in the lurch.
Recently, the Supreme Court ordered