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Jaypee group offers apology to homebuyers, proposes to infuse Rs 2,000 crore to finish pending projects

Updated : April 20, 2019 01:25 PM IST

The Jaypee group said it will put in Rs 1,500 crore in an escrow account and also attach a 100-acre land parcel worth Rs 500 crore to deliver these flats within four years.
Jaypee group had in April 2018 as well submitted Rs 10,000 crore plan before lenders to revive Jaypee Infratech, but the same was not accepted.
Jaypee group offers apology to homebuyers, proposes to infuse Rs 2,000 crore to finish pending projects

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