Jaiprakash Associates ordered to pay â¹50 lakh to homebuyers
The Supreme Court has asked Jaypee Infratech's parent Jaiprakash Associates to pay â¹50 lakh as an interim relief to 10 homebuyers of its Kalypso Court project in Noida. The order comes amid homebuyers seeking compensation adequate enough to compensate for their loss caused due to over five years' delay in project delivery. Notably, Jaypee Infratech is facing insolvency proceedings.