India, May 3 -- The Yamuna Expressway Industrial Development Authority (Yeida) will put in funds to finish the 12 housing projects which the Jaypee Group has failed to deliver to the homebuyers, officials announced on Friday. Yeida will also develop a dedicated portal as a database for homebuyers to help them interact with officials and seek refund or update on their project.

At a meeting with homebuyers on Friday, Yeida CEO Arun Vir Singh discussed issues related to finalising a new developer and the process to address the grievances. "Following the Allahabad High Court orders, Yeida has decided to infuse funds from its own pockets so that the work can start and homebuyers can get apartments without further delay. Our objective will be ...