Noida: Suraksha Group Revives UP-Rera Registration of Seven Stuck JIL Projects

The Suraksha Group on Monday said it has got the registration, issued by the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera), revalidated for seven incomplete housing projects of Jaiprakash Infratech Limited, the company that the group took over last June.

- Vinod Rajput

NOIDA:

According to UP-Rera rules, a project registration is issued for a specific period of time — basically, the time required for construction and delivery of units to homebuyers — after which the registration lapses and has to be mandatorily revalidated for construction to resume.

Suraksha Group officials said the revalidation will help homebuyers obtain loans from financial institutions.

The seven projects for which registration has been revalidated are Jaypee Greens Klassic - D, Jaypee Greens Kosmos - A (Phase II), Jaypee Greens Kosmos - C, Jaypee Greens Kensington Boulevard Apartments, Jaypee Greens Kasa Isles, Jaypee Greens Crescent Homes, and Pebble Court.