NBCC to start work on stalled Amrapali flats on February 8
The almost decade-long wait for thousands of homebuyers to get possession of flats in stalledAmrapali housing projects seems to be nearing an end with government-owned National Buildings Construction Corporation (NBCC) committing to start work from February 8 and deliver 2,643 flats in a year.
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The almost decade-long wait for thousands of homebuyers to get possession of flats in stalledAmrapali housing projects seems to be nearing an end with government-owned National Buildings Construction Corporation (NBCC) committing to start work from February 8 and deliver 2,643 flats in a year.
The light at the end of a long tunnel came after NBCC officials, acting on the court's direction, held a meeting with M L Lahoty, the lawyer representing homebuyers, and finalised a blueprint to start construction on various housing projects where more than 46,000 buyers are awaiting promised flats.
As per the proposal, NBCC will in the first phase take up three housing projects - Sapphire I and Sapphire II in Noida and Castle in Greater Noida. The corporation agreed to start construction with the total cost involved adding up to Rs 77.54 crore. It said 2,643 flats would be built and handed over.
The projects to be completed by NBCC in the first phase were launched by Amrapali way back in 2011.