SC asks Jaypee to deposit â¹200 cr to refund homebuyers
The Supreme Court has asked real-estate firm Jaypee Associates to deposit â¹200 crore in two installments to refund the homebuyers. The SC said Jaypee will have to deposit â¹100 crore by April 15 and another â¹100 crore by May 10. The company informed the court that only 8% of homebuyers opted for refunds and the rest wanted possession of flats. 