NBCC Plans To Complete Supetech's 50,000 Flats In Noida And Greater Noida In 3 Years
6 months, 2 weeks ago

NBCC Plans To Complete Supetech's 50,000 Flats In Noida And Greater Noida In 3 Years

News 18  

There is relief news for the people who are stuck after buying houses in Supertech Limited’s housing projects in Noida and Greater Noida. According to the report of TOI, the government company National Buildings Construction Corporation has offered to complete the construction of 50,000 flats of 17 housing projects of Supertech Limited in 3 years. To complete these pending housing projects, NBCC has sought permission from the National Company Law Appellate Tribunal to enter as a project management consultant. Eco City, Noida, 2151 flats Projects in Gurugram and Bangalore In Phase 2, as many as 19,559 flats will be constructed in Noida, Yamuna Expressway, Greater Noida and Meerut.

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History of this topic

NBCC has sold 1,900 flats of Amrapali defaulters, SC told
1 month ago

NBCC has sold 1,900 flats of Amrapali defaulters, SC told

Hindustan Times  

NBCC India Ltd, tasked with constructing the distressed Amrapali housing projects, has sold 1,953 flats of homebuyers who defaulted on payments and received another 1,490 units from the court-appointed receiver for sale as buyers failed to register on the designated portal. The note by the receiver was filed following a Supreme Court order seeking a status report on homebuyers who …

Supreme Court stays order asking NBCC to complete debt-ridden realty firm Supertech homes
Trending News
1 month, 1 week ago

Supreme Court stays order asking NBCC to complete debt-ridden realty firm Supertech homes

Live Mint  

New Delhi, Feb 21 The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd's 16 housing projects at nearly ₹9,500 crore cost. The bench said it would examine whether the NCLAT followed the procedure under the Insolvency and Bankruptcy Code while appointing the NBCC as a project …

NBCC sells 1,233 housing units for ₹3,217 crore in Greater Noida West; Fund to help complete Amrapali projects
1 month, 2 weeks ago

NBCC sells 1,233 housing units for ₹3,217 crore in Greater Noida West; Fund to help complete Amrapali projects

Hindustan Times  

NBCC Ltd, the government’s construction arm, has sold 1,233 housing units for ₹3217 crore through an e-auction in a new project in Greater Noida West. NBCC Ltd, the government’s construction arm, has sold 1,233 housing units for ₹ 3217 crore through an e-auction in a new project in Greater Noida West. State-owned NBCC said in a statement on February 11 …

NBCC to complete 16 stalled Supertech projects; 10 things homebuyers should know
3 months, 2 weeks ago

NBCC to complete 16 stalled Supertech projects; 10 things homebuyers should know

Hindustan Times  

In a move that will bring relief to almost 50,000 buyers, the National Company Law Appellate Tribunal has appointed the government’s construction arm NBCC as a project management consultant to complete real estate company Supertech Ltd's 16 projects that have been delayed in Uttar Pradesh, Uttarakhand, Haryana and Karnataka. NCLAT has appointed the government’s construction arm NBCC as a project …

NBCC moves SC to complete stalled projects of realty major Supertech Ltd
6 months ago

NBCC moves SC to complete stalled projects of realty major Supertech Ltd

Hindustan Times  

New Delhi, Sep 24 The state-owned NBCC on September 24 moved the Supreme Court seeking to develop and complete embattled realty major Supertech Limited's 17 stalled or partially built projects where around 27,000 hassled home buyers are stuck for years. NBCC on September 24 moved the Supreme Court seeking to develop and complete embattled realty major Supertech Limited's 17 stalled …

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects
6 months, 4 weeks ago

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects

Hindustan Times  

Real estate developers in Noida and Greater Noida, in a letter to the state and central government as well the Noida and Greater Noida authorities, have demanded additional time, more waivers, relief from banks and other benefits to deliver stuck housing projects in the National Capital Region. The authority in its report to the state government on Saturday said they …

After Amrapali, NBCC exploring more stressed real estate project options in Delhi-NCR and Mumbai
1 year, 1 month ago

After Amrapali, NBCC exploring more stressed real estate project options in Delhi-NCR and Mumbai

Hindustan Times  

After having completed as many as 16,000 Amrapali flats that were stuck for years and handing them over to homebuyers, the government’s construction arm NBCC, is now exploring a few options in NCR and Mumbai to provide relief to thousands of distressed buyers. After handing over stressed housing units in Amrapali projects in Noida and Greater Noida, NBCC, is now …

NBCC to launch premium apartments in new housing scheme
1 year, 1 month ago

NBCC to launch premium apartments in new housing scheme

Hindustan Times  

The NBCC has decided to build premium apartments of 3BHK and 4 BHK categories in its new housing scheme, to be launched in June, instead of making “affordable apartments” in the vacant land available in Greater Noida’s delayed Amrapali projects. The NBCC decided to launch the scheme after the Greater Noida authority gave its approval to increase floor area ratio …

NBCC to finish and deliver all 22,000 flats in Amrapali projects by end-2024
1 year, 1 month ago

NBCC to finish and deliver all 22,000 flats in Amrapali projects by end-2024

Hindustan Times  

The state-owned NBCC Limited, formerly known as National Buildings Construction Corporation, on Thursday said it will complete the remaining 22,000 apartments in Amrapali Group’s delayed housing projects in Noida and Greater Noida by end of 2024 and hand over possession to homebuyers. They are Centurian Park, in Sector Tech Zone 4, Golf Homes in Sector 4; Leisure Park in Tech …

NBCC to develop 13,250 premium flats in 5 Amrapali projects in Greater Noida
1 year, 1 month ago

NBCC to develop 13,250 premium flats in 5 Amrapali projects in Greater Noida

Hindustan Times  

The government’s construction arm NBCC said on February 22 that it will be developing 13,250 premium apartments in five ongoing projects of Amrapali in Greater Noida where it has received approval from Greater Noida Authority to develop unused and purchasable floor area ratio worth ₹10,000 crore. The government’s construction arm NBCC said on February 22 that it will be developing …

NBCC gets approval from Greater Noida Authority to develop 5 Amrapali projects
1 year, 1 month ago

NBCC gets approval from Greater Noida Authority to develop 5 Amrapali projects

Hindustan Times  

The government’s construction arm NBCC has received approval from Greater Noida Authority to develop unused and purchasable floor area ratio in five Amrapali projects worth ₹10,000 crore, the company said in a regulatory filing. The government’s construction arm NBCC has received approval from Greater Noida Authority to develop unused and purchasable floor area ratio in five Amrapali projects worth ₹ …

NBCC Green View: 700 Flats Need to be Vacated by Month-End. Who is NBCC and What Do they Do?
3 years, 1 month ago

NBCC Green View: 700 Flats Need to be Vacated by Month-End. Who is NBCC and What Do they Do?

News 18  

NBCC Green View society in Sector 37D, Gurugram has been in the news after Gurugram deputy commissioner Nishant Kumar Yadav asked the residents to vacate the property in two weeks, citing the safety issues. “We often hear stories about private builders cheating or developing poor quality houses and this was the reason we trusted NBCC and now look at us,” …

NCLAT gives conditional go-ahead to NBCC for acquiring Jaypee Infratech; asks IRP to form interim monitoring committee
4 years, 11 months ago

NCLAT gives conditional go-ahead to NBCC for acquiring Jaypee Infratech; asks IRP to form interim monitoring committee

Firstpost  

In its bid, the NBCC had proposed to complete over 20,000 pending flats in housing projects launched by Jaypee Infratech in Noida and Greater Noida. NCLAT allows Resolution Professional to proceed with constituting Interim Monitoring Committee for execution of plan pic.twitter.com/3aBC7AAr7Q — CNBC-TV18 April 22, 2020 The NCLAT’s direction came over an urgent petition moved by the NBCC, which won …

NBCC submits revised bid for debt-ridden Jaypee Infratech; to complete over 20,000 delayed apartments in Noida
5 years, 11 months ago

NBCC submits revised bid for debt-ridden Jaypee Infratech; to complete over 20,000 delayed apartments in Noida

Firstpost  

In April 2018, Jaypee Group had also submitted a Rs 10,000 crore plan before lenders to revive Jaypee Infratech, but the same was not accepted. New Delhi: State-owned NBCC Ltd on Wednesday submitted its revised bid to acquire debt-ridden Jaypee Infratech and complete over 20,000 delayed apartments in Noida, sources said. Last week, Jaypee Group promoters made a fresh attempt …

Yogi govt cracks whip on errant developers, orders arrest of 8 Noida builders for failing to deliver flats
7 years, 3 months ago

Yogi govt cracks whip on errant developers, orders arrest of 8 Noida builders for failing to deliver flats

India TV News  

A group of ministers set up by the Yogi Adityanath-led government in Uttar Pradesh to sort out the real estate mess in Noida is learnt to have directed the city administration to arrest eight errant builders for failing to deliver over 5,000 flats to homebuyers. While Noida Authority has conveyed to the committee that 11,000 flats will be delivered in …

2.5 lakh Noida Extension flats get clearance from NCR planning board
12 years, 7 months ago

2.5 lakh Noida Extension flats get clearance from NCR planning board

India TV News  

Noida, Aug 25: Nearly Rs 15,000 crores invested by builders in Noida Extension building projects will not go waste as the NCR Planning Board on Friday approved the revised draft of the Greater Noida Master Plan-2021. So far buyers have shelled out nearly Rs 1,500 cr for booking the flats.Chaired by Urban Development Minister Kamal Nath, the NCR Planning Board …

Major hurdle in completion of Greater Noida flats overcome
12 years, 9 months ago

Major hurdle in completion of Greater Noida flats overcome

India Today  

The long wait of thousands of home buyers to possess flats inGreater Noida finally could be nearing an end as a statutory body on Thursday approved the Draft Master Plan for Greater Noida-2021. National Capital Region Planning Board officials on Thursday said that in its Statutory Committee meeting here "the Draft Master Plan forGreater Noida-2021 was considered and recommended for …

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