India, June 21 -- The Yamuna Expressway Industrial Development Authority (Yeida) on Friday said it has directed consultant firm Currie & Brown to begin study and audit work of stalled Jaiprakash Associates Limited's (JAL's) 12 housing projects and submit the report by July 16.
Yeida hired the agency in May for a survey to determine the exact status of the stalled housing projects including apartment towers and plotted development, but JAL failed to complete the survey citing fund crunch, said officials.
Thousands of homebuyers are stuck in 12 stalled residential projects of Jaypee Associates Limited along the Yamuna Expressway. The case goes back to 2008, when Yeida allotted about 1,000 hectares of land under the Special Development Zon...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.