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

By Accommodation Times Bureau

NEW DELHI

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.





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