NOIDA, March 14 -- In a landmark ruling, the Allahabad high court has stepped in to protect the interests of 4,638 homebuyers caught in the limbo of 14 long-delayed real estate projects by Jaiprakash Associates Limited (JAL), directing the UP government and the Yamuna Expressway Industrial Development Authority to seize control, complete, and deliver the projects. The court also upheld Yeida's decision to cancel the allotment of 1,000 hectares of land to JAL for developing the Sports City project.P4
Published by HT Digital Content Services with permission from Hindustan Times....