Noida: Buyers protest non-delivery of Amrapali flats
6 years, 1 month ago

Noida: Buyers protest non-delivery of Amrapali flats

India Today  

Hundreds of buyers of Amrapali housing on Sunday took to the streets in Noida to protest against the non-delivery of flats by the builder. India Today TV accessed the copy of the letter in which Amrapali home buyers urged the finance minister to direct RBI to issue specific guidelines for the real estate and construction sector so that the RBI circular related to 'Revised framework for resolution of stressed assets' dated February 12, 2018, does not create a challenge to additional funding to projects under implementation. The buyers demanded that the government should provide funds to the NBCC to complete unfinished projects and should also provide reliefs from their bank loan, which they took to buy flats. READ| High drama as angry SC sends Amrapali Group directors behind bars for non-compliance WATCH| Uttar Pradesh: Amrapali home buyers protest in Noida

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History of this topic

Greater Noida homebuyers protest over seven-year delay in handing over apartments
10 months, 1 week ago

Greater Noida homebuyers protest over seven-year delay in handing over apartments

Hindustan Times  

The homebuyers at the Hemisphere housing project in Greater Noida’s Sector 27 protested on Wednesday against the seven-year delay in handing over their units to them by the developer. Real estate firm Royalgolf Link City Projects Private Limited launched this housing project on 100 acres in 2015-16, promising completion and delivery in three-and-a-half years. The Greater Noida authority in July …

Amrapali buyers: Over 11K flats to be given possession in 2-3 months
2 years, 3 months ago

Amrapali buyers: Over 11K flats to be given possession in 2-3 months

Live Mint  

In a big relief to the hassled home buyers of Amrapali Group, the Supreme Court was informed that 11,858 flats will be delivered in 2-3 months of which 5, 428 units will be handed over the possession in October. A bench of Chief Justice UU Lalit and Justice Bela M Trivedi was informed by court receiver senior advocate R Venkataramani …

Good news for Amrapali homebuyers: SC orders Noida, Greater Noida authorities to begin flat registration immediately or face jail
5 years, 5 months ago

Good news for Amrapali homebuyers: SC orders Noida, Greater Noida authorities to begin flat registration immediately or face jail

India TV News  

Good news for Amrapali homebuyers! Supreme Court has directed Noida and Greater Noida authorities to begin flat registration of Amrapali homebuyers immediately. Both the authorities informed the apex court that a special cell had been constituted for the Amrapali case, and certain officers were appointed for the same. Promoters and top officials of realty firm Amrapali Group diverted homebuyers' money …

Amrapali group directors booked in cheating case
5 years, 5 months ago

Amrapali group directors booked in cheating case

India TV News  

The Economic offence Wing of Delhi Police on Wednesday registered a case of cheating against directors of the Amrapali Group, said officials. The case was registered on the complaint of Anurag Sahay, who had booked a flat with Amrapali group but was not delivered the same within the promised deadline, said police. In his complaint, Sahay had said the Amrapali …

Noida authority to issue occupancy papers for ready flats in Amrapali projects
5 years, 5 months ago

Noida authority to issue occupancy papers for ready flats in Amrapali projects

Hindustan Times  

The Supreme Court Tuesday directed the Noida authority to issue occupancy certificates to all of Amrapali’s ready housing projects. Amrapali Group has developed several residential units — Sapphire in Sector 45, Silicon City and Princely Estate in Sector 76, Zodiac and Platinum in Sector 119— in Noida. But after the Supreme Court order, we hope that the Noida authority will …

SC cancels registration of Amrapali group, appoints NBCC to complete pending projects; news brings relief to over 42,000 home buyers
5 years, 5 months ago

SC cancels registration of Amrapali group, appoints NBCC to complete pending projects; news brings relief to over 42,000 home buyers

Firstpost  

A bench of Justices Arun Mishra and UU Lalit also cancelled leases of Amrapali’s properties granted by Noida and Greater Noida authorities and given them to NBCC. A bench of Justices Arun Mishra and UU Lalit also cancelled the leases of Amrapali’s properties granted by the Noida and Greater Noida authorities and directed the Enforcement Directorate to investigate alleged money …

SC Cancels RERA Registration Of Amrapali; Asks NBCC To Take Over Noida Projects [Read Judgment]
5 years, 5 months ago

SC Cancels RERA Registration Of Amrapali; Asks NBCC To Take Over Noida Projects [Read Judgment]

Live Law  

In a major relief to thousands of homebuyers, the Supreme Court on Tuesday cancelled the registration of Amrapali group under Real Estate Act 2016, and directed the National Building Construction Corporation take over its pending construction projects in Greater Noida and Noida.The bench of Justices Arun Mishra and U U Lalit found that Amrapali group had siphoned. In a major …

Amrapali buyers worry Greater Noida authority won’t finish 35,000 flats
5 years, 8 months ago

Amrapali buyers worry Greater Noida authority won’t finish 35,000 flats

Hindustan Times  

A day after the Supreme Court said that it would hand over Amrapali Group’s stuck housing projects to the Greater Noida and the Noida authorities, the homebuyers on Thursday expressed concerns that the debt-ridden Greater Noida authority would be able to finish around 35,000 flats. “The cash-rich Noida authority can easily arrange funds to finish flats in Amrapali’s projects. Therefore, …

Don't have resources, expertise to construct stalled Amrapali projects: Noida, Gr Noida tell SC
5 years, 8 months ago

Don't have resources, expertise to construct stalled Amrapali projects: Noida, Gr Noida tell SC

India Today  

Noida and Greater Noida authorities on Friday told the Supreme Court that they don't have the requisite resources and expertise to construct the stalled projects of the embattled Amrapali Group and favoured handing over the properties to a reputed builder under the supervision of a high powered committee. The top court on May 8 had said that it may give …

May hand over stuck projects to govt bodies for completion, top court warns Amrapali
5 years, 8 months ago

May hand over stuck projects to govt bodies for completion, top court warns Amrapali

Hindustan Times  

The Supreme Court indicated on Wednesday it could take away the Amrapali Group’s ownership of unfinished projects and hand them to government agencies, reiterating that it will protect the interests of tens of thousands of homebuyers after the realty developer failed to deliver flats despite being paid. Approximately 46,000 flats have not been delivered by Amrapali Group companies, which have …

Will throw Amrapali Group out and give ownership rights of properties to Noida and Greater Noida: SC
5 years, 8 months ago

Will throw Amrapali Group out and give ownership rights of properties to Noida and Greater Noida: SC

India TV News  

The Supreme Court on Wednesday said that it may give ownership rights of all the 15 prime residential properties of embattled Amrapali Group to Noida and Greater Noida Authorities as it has failed to fulfil its obligations towards 42,000 hassled home buyers. The top court said that Amrapali Group by its own admission took Rs 11,652 crore from home buyers …

Amrapali Group committed first degree crime by cheating home buyers: SC
5 years, 8 months ago

Amrapali Group committed first degree crime by cheating home buyers: SC

India Today  

Amrapali Group has committed a "first degree crime" by cheating thousands of home buyers and no matter how powerful the people behind this mess they will be booked and prosecuted, the Supreme Court said Tuesday. Amrapali Group claimed that they had received Rs 11,057 crore from the home buyers and they have constructed five projects in Indirapuram of Delhi-NCR and …

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