Suraksha-led Jaypee Infra Gets RERA Revalidation for 7 Stalled Projects

11 Feb 2025 CW Team

Suraksha-led Jaypee Infratech has successfully obtained the re-validation of RERA registration for seven stalled housing projects in Delhi-NCR, which together account for over 10,000 housing units. The projects include Jaypee Greens Klassic—D, Jaypee Greens Kosmos—A (Phase II), Jaypee Greens Kosmos—C, Jaypee Greens Kensington Boulevard Apartments, Jaypee Greens Kasa Isles, Jaypee Greens Krescent Homes, and Pebble Court. These units, spread across various configurations and sizes, are slated to be delivered in a phased manner starting December 2025 as per the resolution plan.

The re-validation of RERA registration is expected to ease homebuyers' access to home loans from banks and financial institutions, which had previously been difficult due to the lack of valid registration. Additionally, the company is in the process of re-validating the RERA registrations for other projects under Jaypee Infratech.

While the re-validation is viewed as a positive development, concerns remain among homebuyers regarding the pace of construction and the adequacy of the investment being made. Some homebuyers expressed doubts about Suraksha Group's commitment to meeting the promised timelines, citing delays in mobilizing funds and workers for construction. There are also concerns over the limited extension of RERA registration for certain projects, with some registrations extended only until December 2025.

Suraksha Group, which took control of Jaypee Infratech in June 2024, has started injecting funds and plans to resume construction on the stalled projects. The company is expected to need between Rs 65 and Rs 70 billion to complete around 160 residential towers across multiple projects, which are currently holding up around 20,000 homebuyers.

News source: Hindustan Times

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..