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Thursday, October 23, 2025
TopicAmrapali Group

Topic: Amrapali Group

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 Group ex-CMD Anil Sharma in Balika Vidyapeeth’s ex-secy murder case

Sharma has been booked on murder charges along with 5 others in connection with the 8-year-old murder case of Sharad Chand, former secretary of Bihar-based Balika Vidyapeeth.

SC approves SBICAP’s proposal to fund 6 stalled projects of Amrapali Group

The SBICAP, which manages the govt sponsored stress fund for real estate sector, had proposed to provide Rs 625 Crore for construction of these six projects.

SC directs transfer of all home buyers’ cases against Amrapali Group to ED

Several cases were lodged by home buyers' against the Amrapali Group after the management defaulted in timely delivery of flats and denied the agreed conditions.

Why SC allowing ED to attach assets has tightened the noose on JPMorgan in Amrapali case

US-based investment bank JPMorgan is accused of helping real estate developer Amrapali in transferring homebuyers’ money to offshore accounts.

Amrapali Group violated forex laws, laundered funds worth over Rs 55 crore, finds ED

The ED found at least seven 'contraventions' under FEMA and wants JP Morgan, a US-based investment banking firm, to be legally directed to remit funds worth about Rs 140 crore.

SC’s go-to real estate troubleshooter NBCC is struggling with stalled projects of its own

Many of the NBCC's projects are stalled, though it is not entirely of the PSU's own making in much of the cases.

After SC ruling high, the reality — NBCC has no money to finish Amrapali projects

NBCC, the state-run real estate developer appointed by SC to finish the Amrapali projects, has only Rs 19 crore of the approximately Rs 8,500 crore it believes it needs.

Has Supreme Court done justice to Amrapali home buyers or has it passed the buck to govt?

The Supreme Court has cancelled the registration of Amrapali Group and ordered the Enforcement Directorate to charge the builders with fraud and money laundering.

Amrapali illegally diverted homebuyers’ money to Dhoni’s sports company: SC

SC verdict says Amrapali Group also entered into “sham” agreements with Amrapali Mahi, a company in which Dhoni’s wife Sakshi is a director. Rhiti Sports dismisses charges.

On Camera

Pakistan can’t bend Taliban with bombs. It must stop the Yemen-isation of Durand Line

This confrontation looks subcontracted—escalation to re-establish Pakistan's indispensability to outside capitals while squeezing Afghanistan back under an old paradigm.

Boom to bust: Haunted by Ketan Parekh saga, 117-yr-old Calcutta Stock Exchange’s future lies in limbo

CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001. 

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

CJI, IPS, IAS & Homebound: A wake-up call 75 years in the making

Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.