Jaiprakash Associates: Promoter’s ₹18,000 Cr Revival Bid
Jaiprakash promoter has proposed an ₹18,000 crore revival plan that tops Vedanta and Adani offers; lenders demand proof of upfront funding before the CoC vote.
Jaiprakash promoter has proposed an ₹18,000 crore revival plan that tops Vedanta and Adani offers; lenders demand proof of upfront funding before the CoC vote.
NCLAT upheld NCLT orders that UCO Bank’s home loans to buyers are not Bulland Buildtech’s financial debt, dismissing an Rs 19-cr claim in the insolvency process.
Noida Authority pursues 22 developers over Rs 5,560cr in dues, freezing registries for ~9,750 flats. Buyers face delays despite state relief and recovery steps.
UP approves R&R for Noida airport phases 3-4, affecting ~15,920 families. Compensation up 40% with resettlement planned. Operations slated for mid-December.
UP CM inspects Noida International Airport in Jewar; officials aim to finish pending work by Nov 15. Project to boost connectivity, metro links, cargo capacity.
Allahabad HC dismissed YEIDA appeals, upholding RERA awards for nearly 150 allottees and directing payment of pending dues with delay interest at MCLR+1%.
YEIDA registered 441 hectares across 18 Jewar villages, closing land-record loopholes to prevent illegal sales, mortgaging and misuse of acquired public land.
M3M India is investing ₹2,100 crore to launch Jacob & Co. Residences in Noida CBD: 250 ultra-luxury homes across two phases, priced ₹14–25 crore. Soon.
Noida’s Sports City owes ₹11,642 crore with under 30% recovered. Stalled sports facilities, litigation and slow recoveries heighten investor risk now.
Noida’s Antriksh Golf View residents face a prolonged water crisis, relying on private tankers while the developer seeks Rs 29,500 per flat for new connections.