Business

Amrapali Group has failed to hand over possession of flats to around 42,000 homebuyers A detailed project report on the 16 stalled projects of real estate major Amrapali group will be submitted to the Supreme Court next week, National Buildings Construction Company (NBCC) said on Thursday.

The matter relates to non-delivery of flats to around 42,000 homebuyers by the embattled Amrapali group.

NBCC chairman and managing director Anoop Kumar Mittal said the company has issued tenders for 10-11 projects, out of the stalled 16.

Stating that the work on the Amrapali projects would start after the court's nod, he said the funding would be decided by the top court.





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