Decade on, wait for a roof still far cry for Jaypee Infratech homebuyers

Apex court has sent case back to lenders, allowing previous two bidders to furnish revised plan

Topics
Jaypee homebuyers | Jaypee Infratech | homebuyers

Arnab Dutta  |  New Delhi 

Since Ishwar Kewalramani booked an apartment in a Jaypee Infratech project in August 2010, he has moved house from south Delhi to a rented apartment in Gurgaon, turned 60, and seen his son grow from a student to a professional. Amid all this flux, only one thing has remained constant: his yearning for a home.

There are at least 20,000 other Kewalramanis out there. Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, April 05 2021. 06:08 IST
RECOMMENDED FOR YOU
.