Suraksha-Dosti to acquire Jaypee Infratech Ltd for over Rs 7,300 Cr

By Accommodation Times Bureau


Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty are set to acquire a Noida based firm Jaypee Infratech with a bid of 7,350 crores.

An insolvency-hit company, Jaypee Infratech that has to deliver around 25,000 houses in Noida.

“The Joint Venture has surpassed other leading competitor by a huge margin with a Rs 7,350 crore bid,” said one person.

Similar Articles

Leave a Reply