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Tuesday, September 30, 2025
TopicAmrapali

Topic: Amrapali

NBCC to start delivering Supertech’s stalled projects by Diwali, banks on Sports City to recover costs

The state-owned construction firm has initiated the process to appoint 12 consultants to prepare detailed plans for 16 stalled projects in UP, Uttarakhand, Haryana & Karnataka.

Amrapali vs Unitech, how differing approaches of 2 SC benches have affected delayed housing projects

Homebuyers from both projects moved SC over delays around the same time, in 2016-2017. While Amrapali's buyers have been delivered homes, Unitech's buyers still await flats or refunds.

SC clears decks for state-run NBCC to build extra flats in 6 stalled Amrapali projects to recover costs

Court allows NBCC to buy higher FAR from Noida & Gr Noida authorities to build the flats. Some of the money made from their sale will go towards settling bankrupt builder's lease dues.

State-run NBCC coming up with 13,000 apartments at Amrapali’s vacant plots in Greater Noida

Construction will start in June at Centurian Park, Golf Homes, Leisure Park, Leisure Valley, and Dream Valley — all located in Tech Zone-IV sector.

Bank loans to higher floor-area ratio, how state-run NBCC plans to complete stuck Amrapali projects

Higher floor area ratio will allow National Buildings Construction Corporation to construct more flats in the five projects that have unused land and sell them to pay off Amrapali's pending dues.

CBI books Amrapali Biotech over alleged fraud of Rs 47.97 crore in PNB

CBI also booked the company's directors for misappropriating the loan amount given to them by the bank 'with an ulterior motive to embezzle the public money'.

SC asks banks to release sanctioned loan amount to home buyers in Amrapali projects

Supreme Court bench says amounts will be released notwithstanding the fact that the home buyers’ loan accounts with banks have been declared NPAs.

Supreme Court allows seizing JPMorgan’s assets in Amrapali investment case

Supreme Court had asked ED to probe JPMorgan’s role in allegedly helping property developer Amrapali Group divert Rs 140 crore from realty projects.

How Amrapali cheated 49,000 homebuyers, according to Supreme Court

Supreme Court has cancelled registration of Amrapali Group, directed NBCC to complete its projects & instructed ED to charge directors with money laundering & fraud.

Gaurav Bhatia: A BJP talking head who is as much a talking point

Gaurav Bhatia is being hailed as a rising star on the BJP's spokesperson circuit, assuming a mantle that has gained much notoriety under Sambit Patra.

On Camera

ThePrint is widening its lens. New shows on AI, economy, bureaucracy—and fresh newsletters

The latest additions to ThePrint’s properties will improve your understanding of the India we live in, whether it's through the prism of AI or civil services.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.