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

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..