Jaiprakash Associates (JAL)
Est. 1995 · Jaiprakash Gaur · Noida, UP · Privately held · Delhi NCR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Jaiprakash Associates (JAL)?
Jaiprakash Associates Ltd (JAL; company incorporated 1995, part of the Jaypee Group founded by Jaiprakash Gaur) is the developer of Jaypee Greens Sports City around the Buddh International Circuit on YEIDA land. It is a separate company from Jaypee Infratech, whose Wish Town project in Noida went to Suraksha Group; that takeover does not cover Sports City. Since 2026 JAL has been owned by Adani Enterprises under an insolvency resolution plan.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
Diligence
Litigation, Compliance & Financials
Litigation history
Land: YEIDA cancelled JAL’s ~1,000 ha Sports City allotment on 12 Feb 2020 over unpaid dues (YEIDA claims ~₹3,621 Cr; JAL says ~₹1,483 Cr). The Allahabad HC upheld the cancellation on 10 Mar 2025 and made YEIDA responsible for completing JAL’s unfinished housing on stage-based deadlines. JAL filed an SLP in the Supreme Court in Apr 2025, reported still pending in 2026; no verdict found. Insolvency: NCLT admitted JAL to CIRP on 3 Jun 2024 (ICICI Bank / SBI). The CoC approved Adani Enterprises’ ₹14,535 Cr plan on 19 Nov 2025, NCLT approved it on 17 Mar 2026 and NCLAT dismissed Vedanta’s challenge on 4 May 2026; Adani has filed a caveat in the Supreme Court. JAL was delisted on 18 Jun 2026 with nothing paid to shareholders. Reports say the Adani plan does not by itself settle the land cancellation.
RERA compliance
Sports City sub-project RERA numbers could not be verified on up-rera.in. Completion of JAL’s unfinished housing is under YEIDA supervision by High Court order, not under JAL’s own RERA timelines.
Financial strength
Went through insolvency (CIRP from Jun 2024) and is now owned by Adani Enterprises under an approved resolution plan; delisted 18 Jun 2026.
At a glance
Jaiprakash Associates (JAL) in Numbers
Jaiprakash Associates (JAL) is a privately held developer founded in 1995 by Jaiprakash Gaur, headquartered in Noida, UP, active mainly in Delhi NCR. We rate it 0.9/5 overall — high-risk — which ranks 212th of the 212 developers we profile and ahead of 0% of them. Its strongest area is construction quality (2/5) and its weakest is delivery record (1/5). We track 1 of its project across 1 city.
Benchmarking
How Jaiprakash Associates (JAL) Compares
Each rating against all 212 developers we profile and the 62 in Delhi NCR.
| Rating | Jaiprakash Associates (JAL) | Delhi NCR average | Better than |
|---|---|---|---|
| Construction quality | 2/5 | 3.2/5 | 0% of developers |
| Delivery record | 1/5 | 2.9/5 | 0% of developers |
| Customer satisfaction | 1/5 | 2.9/5 | 0% of developers |
| Financial strength | 1/5 | 2.9/5 | 0% of developers |
| Trust | 1/5 | 3.1/5 | 0% of developers |
Footprint
Where Jaiprakash Associates (JAL) Builds
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Greater Noida · 1 project
Buyer guidance
Should You Buy a Jaiprakash Associates (JAL) Project?
Jaiprakash Associates (JAL) carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, compare the promised and actual completion dates of its last few projects on the state RERA portal, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Jaiprakash Associates (JAL) is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.
- Why one of its projects is flagged as stalled or under a status warning on our records, and whether that affects the project you are considering.
The bottom line
Our Verdict
Do not buy into JAL’s own Sports City sub-projects; existing buyers should track YEIDA’s completion process and the pending Supreme Court appeal rather than the developer.
Portfolio
Jaiprakash Associates (JAL) Projects
Every project links to its own page. Gold entries carry full PropertyNivesh research; the rest have overview pages while research completes.
Residential
Questions
Jaiprakash Associates (JAL): FAQs
Is Jaiprakash Associates (JAL) a good builder? ＋
We rate Jaiprakash Associates (JAL) 0.9/5 overall — high-risk. Do not buy into JAL’s own Sports City sub-projects; existing buyers should track YEIDA’s completion process and the pending Supreme Court appeal rather than the developer.
Is Jaiprakash Associates (JAL) a listed company? ＋
No. Jaiprakash Associates (JAL) is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Where does Jaiprakash Associates (JAL) have projects? ＋
We track Jaiprakash Associates (JAL) projects in Greater Noida. None has a full research page yet.
Does Jaiprakash Associates (JAL) deliver on time? ＋
Jaiprakash Associates (JAL) has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Jaiprakash Associates (JAL) completed? ＋
Jaiprakash Associates (JAL) has not published a completed-project count that we could verify.
Does Jaiprakash Associates (JAL) have litigation or RERA issues? ＋
Land: YEIDA cancelled JAL’s ~1,000 ha Sports City allotment on 12 Feb 2020 over unpaid dues (YEIDA claims ~₹3,621 Cr; JAL says ~₹1,483 Cr). The Allahabad HC upheld the cancellation on 10 Mar 2025 and made YEIDA responsible for completing JAL’s unfinished housing on stage-based deadlines. JAL filed an SLP in the Supreme Court in Apr 2025, reported still pending in 2026; no verdict found. Insolvency: NCLT admitted JAL to CIRP on 3 Jun 2024 (ICICI Bank / SBI). The CoC approved Adani Enterprises’ ₹14,535 Cr plan on 19 Nov 2025, NCLT approved it on 17 Mar 2026 and NCLAT dismissed Vedanta’s challenge on 4 May 2026; Adani has filed a caveat in the Supreme Court. JAL was delisted on 18 Jun 2026 with nothing paid to shareholders. Reports say the Adani plan does not by itself settle the land cancellation. On RERA: Sports City sub-project RERA numbers could not be verified on up-rera.in. Completion of JAL’s unfinished housing is under YEIDA supervision by High Court order, not under JAL’s own RERA timelines.