Suraksha Group Pledges Rs 55 Bn to Deliver 20,000 Jaypee Homes
Real Estate

Suraksha Group Pledges Rs 55 Bn to Deliver 20,000 Jaypee Homes

Suraksha Group-led Jaypee Infratech (JIL) has committed close to Rs 55 billion over the next three years to complete 20,000 delayed housing units, assuring homebuyers that it will meet all deadlines outlined in its court-approved resolution plan.

CEO Abhijit Gohil said the company will invest Rs 25 billion in FY26 alone, backed by a Rs 30 billion credit line and stable toll revenues from the Yamuna Expressway. Cash recovery from buyers and unsold inventory sales will also support construction.

More than 3,200 workers are already active across sites, with JIL securing occupation certificates (OCs) for 22 towers and more applications underway. Around 1,100 unsold flats in Wishtown and 130 in Jaypee Aman will be launched soon to boost liquidity.

The company plans to deliver over 5,000 units this fiscal and expects to complete 159 towers in Noida by late 2027. Fresh RERA validations for key projects in Delhi-NCR are also expediting construction.

Suraksha Group officially took control of JIL last year after a lengthy insolvency process and has since infused Rs 1.25 billion, with additional financial commitments towards farmer compensation under judicial directions.

Suraksha Group-led Jaypee Infratech (JIL) has committed close to Rs 55 billion over the next three years to complete 20,000 delayed housing units, assuring homebuyers that it will meet all deadlines outlined in its court-approved resolution plan.CEO Abhijit Gohil said the company will invest Rs 25 billion in FY26 alone, backed by a Rs 30 billion credit line and stable toll revenues from the Yamuna Expressway. Cash recovery from buyers and unsold inventory sales will also support construction.More than 3,200 workers are already active across sites, with JIL securing occupation certificates (OCs) for 22 towers and more applications underway. Around 1,100 unsold flats in Wishtown and 130 in Jaypee Aman will be launched soon to boost liquidity.The company plans to deliver over 5,000 units this fiscal and expects to complete 159 towers in Noida by late 2027. Fresh RERA validations for key projects in Delhi-NCR are also expediting construction.Suraksha Group officially took control of JIL last year after a lengthy insolvency process and has since infused Rs 1.25 billion, with additional financial commitments towards farmer compensation under judicial directions.

Next Story
Infrastructure Urban

Recycling Leaders Push for Policy Reforms in India

As India prepares for the largest recycling-focused event in its history, industry leaders are making a strong case for policy reforms to unlock the country’s circular economy potential. Ahead of the Bharat Recycling Show (BRS) 2025, co-located with Plastics Recycling Show (PRS) India, a high-level panel discussion in Mumbai spotlighted the urgent need for regulatory clarity, digital innovation, and integration of the informal sector.Held under the theme “Unlocking Circular Value: Regulatory and Market Trends in Recycling”, the panel brought together prominent voices from across the recy..

Next Story
Infrastructure Energy

Environmental Hearing Set for 1000 MW Naying Hydro Project

The environmental public hearing for the 1,000 MW Naying hydroelectric project will take place on November 12 at Yapik community hall in Shi-Yomi district, Arunachal Pradesh, officials confirmed. The run-of-the-river project on the Siyom (Yomgo) river is being developed by the North Eastern Electric Power Corporation (NEEPCO). Construction, including a concrete dam, underground powerhouse, and tunnel, is expected to commence around 2028, with commissioning planned by 2032. The project aims to generate approximately 4,966.77 GWh of electricity. The Naying project received Central Electricity ..

Next Story
Infrastructure Energy

India Achieves 490 MWh Energy Storage Capacity by June 2025

India’s cumulative energy storage capacity reached 490 MWh by June 2025, according to data released by the Central Electricity Authority (CEA). Of this, more than 85 per cent is associated with renewable energy projects, primarily solar and wind, reflecting the country’s accelerated shift towards grid stability and clean energy integration. The CEA report highlights that 16 energy storage systems are currently operational across 10 states, with major installations in Rajasthan, Gujarat, Karnataka, and Maharashtra. These include both standalone and co-located battery systems deployed by le..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?