Jaiprakash Associates' valuation takes hit on sports city land cancellation

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Jaiprakash Associates' valuation takes hit on sports city land cancellation - Business Standard

Quick Summary:

The company also maintains a strong presence in the hydropower and construction sectors, offering suitors a platform for expansion backed by a history of profitability, the presentation noted.

Suitors will now be granted access to the company’s data room by the insolvency professional, after which final bids will be invited for its assets.

The company also owns hotels in the National Capital Region (NCR), including properties in Delhi’s Basant Lok Complex and near the airport, which benefit from high occupancy due to their strategic locations.