Suraksha ARC to Restart Stalled Jaypee Infra Projects Soon

Suraksha ARC to Restart Stalled Jaypee Infra Projects Soon
Jul 2021 , by , in Press Room

Suraksha Asset Reconstruction Company, the highest bidder for Jaypee Infratech, is promising to restart the stalled projects as soon as it receives all the statutory permissions.

CEO Aalok Dave said, “Our strategy is to invest in the stalled real estate projects and take monitoring control of the projects to bring financial and operational discipline for revival and completion of the project.”

Suraksha ARC, which pipped government-owned NBCC India to win the race, will infuse requisite working capital funds, deploy a new technical team to revive the project.

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