A security guard walks towards residential buildings under construction at the Jaypee Wish Town Project (Photographer: Prashanth Vishwanathan/Bloomberg)

BQ Exclusive: NBCC Proposes Banks Take Over Unsold Homes In Jaypee Infratech Case

In its bid to take over insolvent infrastructure and realty company Jaypee Infratech Ltd., the government-owned NBCC Ltd. has offered to sell unsold homes to the secured financial creditors of Jayp...