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In a bold move, Suraksha Group injects Rs 125 crore into Jaypee Infratech Ltd, signaling a turning point in the completion of stalled projects and the satisfaction of homebuyers in Delhi NCR. Discover how Suraksha Group's strategic investment in Jaypee Infratech Ltd aims to navigate legal complexities, settle outstanding dues, and breathe new life into the real estate sector. With a focus on resolution and revitalization, Suraksha Group's infusion of equity capital into Jaypee Infratech Ltd promises to accelerate construction progress and restore trust in the industry. Follow Suraksha Group's journey as they take control of Jaypee Infratech Ltd, committed to delivering on promises, settling debts, and ensuring the timely completion of unfinished flats. Learn about the implications of Suraksha Group's Rs 125 crore investment in Jaypee Infratech Ltd, as they strive to overcome challenges and pave the way for a brighter future for stakeholders.
Suraksha Group is set to pay Rs 133 crore to YEIDA by August 24 as part of the Jaypee Infra insolvency resolution, ensuring compensation for farmers and progress for homebuyers. In a landmark decision, Suraksha Group will pay the first instalment of Rs 133 crore to YEIDA, marking a crucial step in the Jaypee Infra insolvency case and benefiting affected farmers. The NCLAT ruling on the Jaypee Infra insolvency case mandates Suraksha Group to pay Rs 133 crore to YEIDA, offering relief to farmers and hope to homebuyers awaiting project completion. With the NCLAT upholding their bid, Suraksha Group will pay Rs 133 crore to YEIDA as part of the Jaypee Infra resolution plan, addressing farmer compensation and advancing stalled projects.