NBCC to submit DPR of stuck Amrapali projects next week

State-owned NBCC Thursday said it will submit a detailed project report (DPR) of Amrapali Group's 16 stalled projects to the Supreme Court next week and is mulling developing similar projects of other real estate firms. In September, the Supreme Court had appointed NBCC to develop stalled projects of the Amrapali Group following the company's proposal that it could complete all the stuck projects, comprising 46,575 flats, within 36 months at a construction cost of Rs 8,500 crore. Giving an update on the Amrapali matter, NBCC's CMD Anoop Kumar Mittal said the company has issued tenders for 10-11 out of the 16 stalled projects. "In next one week, we will issue tenders for 5-6 projects. The DPR for all 16 projects will be submitted to the apex court in one week's time," Mittal told media. He said the work on Amrapali projects would start after approval from the Supreme Court. Asked about funding, he said this would be decided by the apex court.