Jaypee Infratech’s home buyers stage protest in Noida after company files petition for insolvency – Firstpost

Noida (Uttar Pradesh): As hundreds of angry home buyers of Jaypee Wish Town staged a protest here, the Noida Authority on Saturday promised to protect the interests of the flat owners, saying a plan is being worked out in this regard. The home buyers gathered at the company office here, shouting slogans against the management…

What if your builder becomes insolvent? Road ahead for Jaypee buyers – Economic Times

Home buyers of Jaypee infratech are facing an unprecedented situation: it is the first housing company that has entered insolvency proceedings. Complications are little when it comes to insolvency of, say, a steel company. But the case of real estate company which is in the middle of constructing homes becomes challenging, especially for buyers. That’s…