All you should know about Suraksha Group after Jaypee breakthrough

With the NCLT approving the resolution plan submitted by Surakha Group for Jaypee projects in Noida, buyers in the beleaguered housing project can now hope to get possession of the homes they have been waiting for over a decade.

Moneycontrol News

March 08, 2023 / 06:34 IST

Suraksha Realty Limited was originally incorporated as a partnership firm, named Suraksha Realtors. (Representative image)

26 Aug, 2025 12:21

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In what could be termed as a ‘Holi gift’ to homebuyers of Jaypee projects in Noida, the National Company Law Tribunal (NCLT) on March 7, 2023, approved the resolution plan submitted by the Mumbai-based Suraksha Group for Jaypee Infratech through the insolvency process.

This will pave the way for more than 20,000 homebuyers to get possession of the apartments they have been waiting to move into over a decade.

Suraksha Group is promoted by Sudhir Valia, Director of Sun Pharmaceutical Industries Limited. The company, through itself and its associates, affiliates and subsidiaries, has a presence in various fields, including real estate, the revival of stressed assets, BFSI and pharma sectors.

Suraksha Realty Limited was originally incorporated as a partnership firm, named Suraksha Realtors. On April 1, 2008, it was converted into a public unlisted company under the provisions of Part IX of the Companies Act, 1956.

Suraksha Realty, through itself and joint ventures, has developed or is developing 21 residential and commercial projects (including 12 that have been completed) across Mumbai and Thane with a saleable area of 6.63 crore square feet (sq ft).