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Saturday, July 26, 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

Thailand-Cambodia clash is more than a border fight—it’s a new front in Cold War 2.0

The Southeast Asian theatre is central to the Great Power contest between the US and China. It’s also a landscape where middle powers—France, the UK, Turkey—are shaping the strategic environment.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

DRDO successfully tests latest version of UAV-launched precision missile, ULPGM-V3

Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.