Amrapali buyers unable to pay outstanding dues as banks stop lending

The three months' time period to deposit the outstanding dues by Amrapali buyers ended last month. However, a large number of buyers have not yet deposited their dues in the escrow account created at the instruction of the Supreme Court. Buyers are unable to get the remaining amount of their home loans disbursed as banks have stopped lending to Amrapali projects. As per buyers they will not be able to deposit the pending amount from their pockets as there is no certainty on how the projects will get completed. However, the Supreme Court has clearly stated that buyers must deposit the outstanding dues if they want their homes.