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NBCC To Submit Report On Stalled Amrapali Projects In Top Court Next Week: 10 Points
02 Nov 2018, 08:14 AM IST 
Amrapali Group has failed to hand over possession of flats to around 42,000 homebuyers
- "In next one week, we will issue tenders for 5-6 projects. The DPR (detailed project report) for all 16 projects will be submitted to the apex court in one week's time," Mr Mittal told reporters.
- The Supreme Court had in September appointed NBCC to develop the stalled projects of the Amrapali group.
- State-run NBCC's appointment by the top court came after the company proposed to complete the stuck projects, comprising 46,575 flats, within 36 months at a construction cost of Rs. 8,500 crore.
- NBCC, Mr Mittal said, is mulling developing similar projects of other realty companies.
- NBCC would soon come up with a policy for development of new and stalled realty projects in larger public interest, he said. "We can act as project management consultant or co-developer or developer for real estate projects."
- NBCC has bagged two projects in Delhi from national carrier Air India and expects to start work on them in the next three-four months, he said.
- On Wednesday, Amrapali CFO Chander Wadhwa was ordered to furnish by Thursday correct facts about the benefits he received from the group, after the top court was told that he got a luxury car worth Rs 43 lakh.
- The bench asked the Amrapali group to disclose the details of luxury cars owned by it and their registration numbers.
- The apex court also refused to allow Amrapali chairman and managing director Anil Kumar Sharma, and two directors Shiv Priya and Ajay Kumar, currently residing under police surveillance at a hotel in Noida, to visit home on the occasion of Diwali.
- Amrapali group has been facing the wrath of the law after homebuyers moved the top court for not getting their flats delivered on time.
(With inputs from PTI)
