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150 Flats In Stalled Project To Be Given To Amrapali Buyers On Diwali, Supreme Court Told

150 Flats In Stalled Project To Be Given To Amrapali Buyers On Diwali, Supreme Court Told

NDTV
Monday, October 25, 2021 04:11:59 PM UTC

Since the 2019 verdict of the top court, for the first time 150 home buyers will be given possession letters for the flats in a project which was stalled after Amrapali ran into legal and financial trouble.

In a first glimmer of hope for hassled Amrapali home buyers, around 150 flats completed by NBCC in a stalled project since the real estate company ran into trouble will be given to them on the occasion of Diwali, the Supreme Court was informed on Monday.

The top court was told that 150 home buyers of Amrapali in a project situated at Greater Noida will be given the possession letter in a ceremony planned for Diwali, which is on November 4.

Since the 2019 verdict of the top court, for the first time 150 home buyers will be given possession letters for the flats in a project which was stalled after Amrapali ran into legal and financial trouble.

A bench of Justices U U Lalit and Ajay Rastogi appreciated the efforts after court receiver senior advocate R Venkataramani informed that 300 flats are nearing completion out of which 150 flats have been completed by NBCC and will be handed over during the upcoming festival.

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