Published On Mar 2, 2024
For the homebuyers who booked flats at Jaypee Greens Wish Town in Noida, Sector 128, their dreams of having their own home have turned into a nightmare as delays in possession and litigation have taken over a decade. In 2017, insolvency proceedings were initiated against the builder, Jaiprakash Infratech Limited (JIL), when it failed to deliver the flats on time and defaulted on loans. With that, the hard-earned money of over 17,000 homebuyers across 19 JIL projects got stuck in the vicious cycle of litigation.
#myreport #jaypeewishtown #possessiondelays
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