NBCC to deliver flats in two Amrapali projects
Nearly a year after the Supreme Court ordered NBCC to complete the unfinished projects of the embattled Amrapali Group, the state-run construction company said on Monday that it would hand over apartments in Eden Park and Castle — the first two of the 16 stalled projects — in January. NBCC also floated tender for completion of work in seven other stuck Amrapali projects, which officials said would bring relief to at least 9,000 buyers. The last date for submitting bids is December 26. The projects for which the tender was floated on Monday are — Centurion Park in Techzone 4, Silicon City phases 1 & 2 in Sector 76, Zodiac in Sector 120, Sapphire phases 1 & 2 in Sector 45, and Princely Estate in Sector 76. The total value of the tender is Rs 562 crore. Of 42,000 buyers stuck in Amrapali’s pending projects in Noida and Greater Noida since the past decade, some 14,000 have got possession of their flats and are at present awaiting registration through tripartite agreements between the SC receiver, R Venkatramani, Noida Authority and themselves.
Tags : News/Views NBCC Silicon City buyers Amrapali project Centurion Park R Venkatramani