Jaypee Group

Deposit Money, Or Tihar Isn't Far, Supreme Court Warns Jaypee Group

Noida News | Indo-Asian News Service | Wednesday January 10, 2018

The Supreme Court on Wednesday told Jaypee Associates to deposit Rs 125 crore as directed failing which it would be held in contempt of court and could land in Tihar Jail.

Jaypee Group Targets Delivery Of 5,000 Flats By June

Business | NDTV Profit Team | Friday January 5, 2018

Jaypee group needs Rs 8,000 crore to complete incomplete flats, of which Rs 6,000 crore would come from home buyers while another Rs 2,000-2,500 crore needs to be infused

'You Can't Destroy Lives': Now, Jaypee Bosses Banned From Selling Assets

Business | Wednesday November 22, 2017

To ensure that Jaypee refunds thousands of investors who have paid the real estate developers for flats near Delhi that are still not built, the Supreme Court today ordered that none of the promoters or directors of the company can sell any of their assets. The ban extends to assets owned by their immediate family members too. This group of 13 exec...

JP Associates-JSW Keen To Finish Jaypee Infra Projects

Business | Press Trust of India | Monday November 13, 2017

Jaiprakash Associates Ltd, part of the Jaypee group, also said that Jaypee Infratech Ltd has more assets than liabilities and it is a fit case for resolution.

Jaypee, Barred From Selling Freeway, Offers Top Court 400 Crores A Month

Business | NDTV Profit Team | Monday November 6, 2017

To help refund thousands of investors who paid for flats that are still not built, Jaypee Associates, the parent of real estate firm Jaypee Infratech, has offered to deposit 400 crores every month starting January, it told the Supreme Court today. Judges have ordered the firm to arrange 2,000 crores before the next hearing on November 13.

Embattled Jaypee Group Barred From Hiving-Off Yamuna Expressway

Business | Press Trust of India | Wednesday October 25, 2017

Supreme Court gave the company nine more days to deposit Rs 2,000 crore.

Jaypee Tells Court It Wants To Sell Yamuna Expressway For 2,500 Crores

Business | NDTV Profit Team | Friday October 13, 2017

Jaypee has been asked to deposit 2,000 crores by the 27th of this month with the Supreme Court so that flat-owners can be refunded.

Concerned Over 'Tears' Of Home Buyers, Says Supreme Court

India News | Press Trust of India | Wednesday September 13, 2017

The Supreme Court today expressed anguish over the "tears" of home buyers saying they cannot be "taken for a ride" by the builders, as it directed the Jaypee group to give Rs 50 lakh as interim compensation to its customers for delay in giving them possession.

'A Human Problem Of High Magnitude': Top Court Asks Jaypee To Deposit 2,000 Crores

Business | Monday September 11, 2017

The Supreme Court directed the managing director of real estate company Jaypee Infratech - as well as the company's parent JP Associates - not to leave the country without the top court's permission.

Consumer Affairs Minister Says Panel To Look Into Jaypee Homebuyers' Issue

Business | Press Trust of India | Saturday September 9, 2017

Jaypee Infratech, which is developing about 32,000 flats and plots across various projects in its township project 'Wish Town' in Noida, has been facing protests and litigation from homebuyers due to huge delays in completion of projects.

JP Associates Fails To Pay Interest On Non-Convertible Debentures

Business | Press Trust of India | Thursday May 4, 2017

The Jaypee group has been selling off its assets to lighten its debt load.

In Trouble For Greater Noida Builders, Yamuna Expressway Authority Scraps 17 Housing Projects

Business | NDTV | Thursday April 20, 2017

Jaypee Group is currently facing protests from buyers because of significant delays in execution of its Noida and Greater Noida projects. Among other builders whose projects have been cancelled by the Yamuna Expressway Industrial Development Authority are Ajnara, Oriss and Urbania.

Troubled Jaypee Group Arranges Funds To Start Wish Town Construction

Business | Press Trust of India | Wednesday April 19, 2017

Jaypee Group is facing protest from buyers because of significant delays in execution of its projects in Noida and Greater Noida.

Jaypee Group Asked To Pay Rs 90 Crore For Yamuna Expressway Land: Report

Business | Press Trust of India | Thursday April 13, 2017

The Jaypee group has developed sports city on some part of the total land parcel.

Debt-Ridden Jaypee Group Has no Plans to Sell Formula 1 Track

Press Trust of India | Friday October 28, 2016

The Buddh International Circuit has not hosted an Indian Grand Prix since 2013, with owner of the track Jaypee Group facing financial problems