Deepak Goradia, Vice Chairman & Managing Director, Dosti Realty, is currently the talk in town! Lakshdeep Investments and Finance, a JV between Suraksha Asset Reconstruction and Mumbai-based Dosti Realty, has recently been making headlines for offering Rs 73.5 billion to acquire debt-laden Jaypee Infratech - a subsidiary of Jaypee group's flagship firm Jaiprakash Associates - which is facing insolvency proceedings after it defaulted on loan repayments. As reported, Lakshadweep, chosen by the Committee of Creditors (CoC) as the highest bidder, had offered to buy the realty company for a Rs 28-billion loan dues write-off. However, the CoC for Jaypee Infratech recently rejected the proposal of Lakshadweep to acquire the beleaguered company. Further, the highest bidder in the first round, Lakshadweep is also known to be willing to negotiate its bid. While the reason why Lakshadweep's bid was rejected remains a unknown, the very fact that Goradia made an audacious bid as big as this cannot be ignored!