Suraksha Group, a prominent real estate player, has taken a significant step towards resolving the long-standing issues faced by homebuyers of Jaypee Infratech. The group has made a strategic investment of ₹250 crore in Jaypee Infratech, with the primary goal of accelerating the completion of approximately 20,000 housing units.
To support this ambitious endeavor, Suraksha Group has secured a substantial loan facility of ₹3,000 crore from various banks. This infusion of capital will provide the necessary financial resources to expedite the construction of the remaining units in Jaypee Infratech’s various projects.
Suraksha Group’s involvement is expected to instill confidence in homebuyers who have been eagerly awaiting the completion of their units. The group’s track record of delivering high-quality projects and its commitment to customer satisfaction are seen as positive indicators for the future of Jaypee Infratech’s projects.
By partnering with Suraksha Group, Jaypee Infratech is making a concerted effort to address the concerns of its homebuyers and restore their faith in the company. This collaboration is poised to benefit thousands of families who have been impacted by the project delays.
The investment and loan facility will enable Jaypee Infratech to ramp up construction activities, expedite the delivery of homes, and ultimately provide closure to homebuyers who have been facing uncertainty for an extended period. This positive development marks a significant milestone in the ongoing efforts to resolve the issues surrounding Jaypee Infratech’s projects.
