 "Jaypee infratech")
State-owned NBCC and Mumbai-based Suraksha group have submitted bids to take over bankruptcy-bound Jaypee Infratech and complete stalled housing projects in Noida, sources said.
The value of the bids could not be immediately ascertained.
NBCC Chairman and Managing Director Anoop Kumar Mittal said the company is "keen to acquire" Jaypee Infratech and complete over 20,000 housing units.
He declined to share the bid value but said the resolution plan submitted by the company is beneficial for all stakeholders, including banks, home buyers and NBCC.
In a filing to the BSE, NBCC said it has submitted the bid to Interim Resolution Professional Anuj Jain.
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