Jaypee Infratech to Invest ₹3,000 Crore to Finish Stalled Housing Projects
What Happened
Jaypee Infratech, now controlled by Suraksha Group, announced it will invest around ₹3,000 crore over the next two years to complete its stalled housing projects. The company aims to hand over all remaining apartments to homebuyers by September 2028. Since taking control in 2024, it has completed 84 towers comprising 7,913 units, with about 5,000 homes already handed over.
Key Takeaways
The investment is a significant step toward resolving one of India’s largest delayed real-estate projects. Completion of the remaining homes would bring long-awaited relief to thousands of stuck homebuyers, while Suraksha Group also plans to expand with new townships along the Yamuna Expressway.