Motilal Oswal
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Motilal Oswal
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May 17, 2018 10:49 PM | Real Estate

Urban Reality: Should Jaypee Infra home buyers be willing to take a haircut?

The Supreme Court has directed Jaiprakash Associates (JAL), the parent company of Jaypee Infratech (JIL), to deposit Rs 1,000 crore by June 15 for refunding to home buyers.

The apex court has also barred any move to initiate liquidation proceedings against Jaypee Infra, after its insolvency resolution fell through.

Manisha Natarajan caught up with experts to understand what next after the stay on liquidation of Jaypee Infra.
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