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YEIDA steps in to revive 12 stalled JAL projects, bringing hope to homebuyers

Jaypee case update: YEIDA has announced that it will step in with its own funds to complete 12 unfinished projects that the Jaypee Group failed to deliver 

The Yamuna Expressway Industrial Development Authority (Yeida) has announced that it will step in with its own funds to complete 12 unfinished projects that the Jaypee Group failed to deliver. (HT Archive)
Published on May 03, 2025 12:22 PM IST

Buyer-builder conflict: UP RERA brings 11 cases to mutual agreement

In total, seven cases of Supertech, one each from APV Realty, Gaursons Promoters, Strategic Developers and Mahagun were amicably resolved, RERA said in a statement.

File photo of under-construction Supertech building at sector 77, in Noida.(HT File Photo)
Published on Aug 30, 2019 11:45 AM IST
Noida | ByPress Trust of India

Competition commission slaps 14 crore fine on Jaiprakash Associates

“The Opposite Party (Jaiprakash Associates) perpetrated undesirable industry practices causing substantial harm to the competition and to consumers, ignoring its responsibility as a dominant player to set fair standards of industrial practices for other players in the market to emulate,” CCI said.

The Competition Commission of India (CCI) has imposed a penalty of nearly <span class='webrupee'>₹</span>14 crore on Jaiprakash Associates.(Bloomberg Photo)
Updated on Aug 13, 2019 03:53 AM IST
Hindustan Times, New Delhi | ByPress Trust of India

Deposit 600 crore to refund home buyers, SC tells Jaiprakash Associates

The Supreme Court bench asked Jaiprakash Associates to “establish its bonafide by paying the money” and directed it to inform SC about the company’s stand on depositing ₹600 crore with it.

SC said it will ask NCLT to expeditiously decide the company’s plea on revival or restructuring of Jaypee Infratech Ltd.(Sunil Ghosh/HT File Photo)
Published on Jul 04, 2018 10:12 PM IST
IANS, New Delhi | ByIANS

NCLAT admits banks’ petition over Jaypee Infratech land

The NCLAT was hearing the appeal over the order of the Allahabad bench of the NCLT, which had asked debt-ridden Jaiprakash Associates Ltd to return nearly 760 acres of land to its subsidiary Jaypee Infratech.

Tower cranes operate in a residential building construction site at a Jaypee Infratech Ltd project in Noida, Uttar Pradesh.(Prashanth Vishwanathan/Bloomberg)
Updated on May 24, 2018 01:57 PM IST
Press Trust of India, New Delhi | ByPress Trust of India

UltraTech to acquire Century Textiles’ cement unit

In June last year, UltraTech Cement completed the ₹16,189 crore acquisition of Jaiprakash Associates’ six integrated cement plants and five grinding units, having a capacity of 21.2 million tonnes.

Workers walk in front of an UltraTech concrete mixture truck at the construction site of a commercial complex in Ahmedabad.(Reuters File Photo)
Updated on May 21, 2018 11:37 AM IST
Press Trust of India | ByPress Trust of India

Jaiprakash Associates deposits Rs 100 crore in home buyers’ case

Jaiprakash Associates had informed the court that only 8% of 31,000 home buyers have opted for refund and rest want the possession of flats.

In 2007, Jaypee group started the development of 32,000 flats and plots in its township Wish Town at Noida, of which nearly 8,000 units have been delivered so far.(Virendra Singh Gosain/HT PHOTO)
Updated on Apr 12, 2018 05:31 PM IST
Press Trust of India, New Delhi | By
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