Overview
- Suraksha Group has launched a ₹5,500 crore funding plan to complete Jaypee Infratech's stalled housing projects within the next three years.
- Approximately 3,200 workers are now deployed across sites, with further increases planned as contracts are finalized to expedite progress.
- The company has obtained occupancy certificates for 22 towers, with applications for 12 more filed and 18 additional certificates expected by early June 2025.
- A structured financing mix includes a ₹3,000 crore credit line, annual toll revenues of ₹500 crore, and ₹1,200 crore recoverable from buyer dues.
- Homebuyers, frustrated by delays despite the resolution plan, continue to scrutinize progress, as Suraksha works to meet regulatory and court-mandated milestones.