Suraksha Group Completes 6,000 Jaypee Wish Town Homes, Bringing Relief to 20,000 Buyers

Real Estate
C
CNBC TV18•12-01-2026, 15:10
Suraksha Group Completes 6,000 Jaypee Wish Town Homes, Bringing Relief to 20,000 Buyers
- •Suraksha Group has completed 5,989 residential units across 63 towers in Jaypee Wish Town, offering relief to over 20,000 homebuyers.
- •Occupancy Certificates (OCs) have been received for 31 towers (3,135 units) and applied for another 32 towers (2,854 units).
- •The project, stalled for nearly a decade, was one of India's largest cases under the Insolvency and Bankruptcy Code (IBC).
- •Jash Panchamia, Executive Director of Jaypee Infratech Limited, affirmed commitment to timely delivery despite regulatory challenges.
- •This milestone is a significant step towards rebuilding trust and demonstrating the effectiveness of the IBC framework in real estate.
Why It Matters: Suraksha Group's completion of nearly 6,000 homes brings long-awaited relief to 20,000 Jaypee Wish Town buyers.
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