India: Pressure from lenders, buyers puts Jaypee’s realty arm in a fix

India: Pressure from lenders, buyers puts Jaypee’s realty arm in a fix

Manoj Gaur, executive chairman and chief executive, Jaypee Group. Photo: Pradeep Gaur/Mint

With buyers facing long delays in getting possession of their homes and pressure from lenders building on the developer, what does the recent turn of events in Jaypee Group mean for their real estate business?

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