homevideos Newsreal estate NewsUrban Reality: Are JP homebuyers getting a fair deal?

Urban Reality: Are JP homebuyers getting a fair deal?

As several builders are likely to be dragged to insolvency, either by their bankers or buyers themselves, the path followed in the JP Infra process could become the basis of several future resolutions.

By Manisha Natarajan  Aug 24, 2018 12:25:28 AM IST (Published)

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How do home buyers get the right deal in JP Infrastructure insolvency? This question is an important one to address, because several builders are going to be dragged to insolvency, either by their bankers or buyers themselves and the path followed in the JP Infra process could become the basis of several future resolutions. While the Supreme Court has brought in a huge sigh of relief by ordering personal assets of Unitech and Amrapali promoters to be auctioned, in JP Infra case, all and every resolution has been parked in the insolvency process.