Real Estate
Supreme Court Orders Compliance Report on Amrapali Group Cases
The Supreme Court has directed the submission of a compliance report regarding the ongoing cases involving the real estate major Amrapali Group, signaling a firm stance on resolving the long-standing issues.
real estate news
Supreme Court Seeks Compliance Report on Amrapali Group Cases
The Supreme Court of India has directed the submission of a compliance report on cases related to the Amrapali Group, a prominent real estate developer. The court's decision aims to ensure transparency and accountability in the resolution of grievances of
real estate news
NBCC Sells 1,233 Flats in Greater Noida for ₹3,217 Crore to Fund Amrapali Projects
State-owned NBCC has successfully sold 1,233 residential units in Greater Noida through an e-auction, raising ₹3,216.95 crore. The funds will help complete the stalled projects of the Amrapali Group and reduce the backlog of incomplete homes in Noida and
real estate news
NBCC Sells 1,233 Flats in Greater Noida for ₹3,217 Crore, Funds to Complete Amrapali Projects
NBCC, the state-owned real estate company, successfully sold 1,233 flats in Greater Noida, generating a sale value of ₹3,217 crore. The funds will be used to complete the stalled projects of the Amrapali Group.
Real Estate
NBCC India: A Multibagger Stock with a Strong Order Book and Real Estate Monetisation Opportunities
NBCC India has proposed a three-phase construction plan to complete 50,000 Supertech apartments across 17 projects over the next three years. The company is also executing the Amrapali project, which is expected to be completed by end-FY25.
Real Estate
Stuck in Limbo: Will Homebuyers Ever Get Their Dream Homes?
Thousands of homebuyers are still waiting to receive their apartments from stressed real estate projects. Despite the boom in the sector, resolution and execution remain the biggest roadblocks.