Jaiprakash ties up with CRC, Gulshan Homz for luxury flats in Noida
24 Aug 2021
1 Min Read
CW Team
Jaiprakash Associates Ltd, a crisis-hit construction company, has announced a partnership with Gulshan Homz and CRC to build 619 luxury apartments in Noida, Uttar Pradesh.
To meet its commitment to clients, JP Associates said it has entered into several cooperative working arrangements with real estate developers Gulshan Homz group of enterprises and CRC to complete and deliver over 619 high-end Golf residences in Jaypee Greens Wish Town in Noida.
In the Boomerang Residencies project, Jaiprakash Associates and Gulshan will collaborate to build 113 apartments, and in the Kristal Court project, 305 flats.
According to the statement, these apartments should be finished in three to 3.5 years.
The Kasablana project is being developed in conjunction with the CRC group and consists of three towers with 201 flats, cites Jaiprakash Associates.
The flagship company of the Jaypee group, Jaiprakash Associates, is involved in engineering and construction, power, hospitality, and real estate.
Jaypee Infratech, a Jaypee group company, is facing insolvency proceedings.
Suraksha Group, based in Mumbai, recently won a bid to buy Jaypee Infratech and complete over 20,000 unfinished flats.
The National Company Law Tribunal (NCLT) is yet to approve the proposal.
Also read: Primus to launch brand new real estate project in Bengaluru
Jaiprakash Associates Ltd, a crisis-hit construction company, has announced a partnership with Gulshan Homz and CRC to build 619 luxury apartments in Noida, Uttar Pradesh.
To meet its commitment to clients, JP Associates said it has entered into several cooperative working arrangements with real estate developers Gulshan Homz group of enterprises and CRC to complete and deliver over 619 high-end Golf residences in Jaypee Greens Wish Town in Noida.
In the Boomerang Residencies project, Jaiprakash Associates and Gulshan will collaborate to build 113 apartments, and in the Kristal Court project, 305 flats.
According to the statement, these apartments should be finished in three to 3.5 years.
The Kasablana project is being developed in conjunction with the CRC group and consists of three towers with 201 flats, cites Jaiprakash Associates.
The flagship company of the Jaypee group, Jaiprakash Associates, is involved in engineering and construction, power, hospitality, and real estate.
Jaypee Infratech, a Jaypee group company, is facing insolvency proceedings.
Suraksha Group, based in Mumbai, recently won a bid to buy Jaypee Infratech and complete over 20,000 unfinished flats.
The National Company Law Tribunal (NCLT) is yet to approve the proposal.
Image Source
Also read: Primus to launch brand new real estate project in Bengaluru
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
