Over 5,000 pending Amrapali flats up for grabs in Noida, Real Estate News, ET RealEstate

NOIDA: State-run construction company NBCC has put up for sale over 5,000 unsold flats at various Amrapali projects in Noida and Greater Noida to help generate revenue for completing the different pending projects of the real estate group in the twin cities. The sale of 5,229 unsold flats will be conducted by Amrapali Stalled Projects […]

NBCC Green View residents protest over ‘unsafe’ buildings, Real Estate News, ET RealEstate

GURUGRAM: Residents of NBCC Green View in Sector 37D staged a protest on Tuesday alleging that the developer has compromised with the quality of construction by using substandard materials. They said the society has witnessed plaster falling, ceilings and terraces collapsing and pillars developing large cracks over the last two years. Scores of residents, including […]

NBCC kicks off construction at Amrapali Dream Valley-II, Real Estate News, ET RealEstate

File photo NOIDA: In a major relief to Amrapali buyers, NBCC on Wednesday kicked off construction work at Dream Valley Phase–II, a stalled real estate project where the government-backed construction company has to complete 8,302 flats. NBCC has awarded the project to Girdhari Lal Constructions and Altis Holding Corporation joint venture. A ‘bhoomi pujan’ was […]

NBCC auctions office space at Nauroji Nagar at Rs 214 crore, Real Estate News, ET RealEstate

State-run NBCC (India) Ltd has sold premium office space in South Delhi to the Pension Fund Regulatory and Development Authority (PFRDA) and the National Internet Exchange of India (NIXI) for Rs 214 crore in an auction. The space was sold at the World Trade Centre (WTC) that is coming up at South Delhi’s NaurojiNagar as […]

NBCC assures monitoring after Amrapali residents raised safety concerns, Real Estate News, ET RealEstate

NEW DELHI: State-run NBCC (India) has assured the homebuyers of Amrapali of proper monitoring of ongoing construction work after residents complained of safety issues. NBCC had started construction of over 16,000 flats of Amrapali in the last week of August while work on eight projects in Noida involving 11741 units in Silicon-1&2, Silicon-Crystal Homes, Sapphire […]

NBCC starts construction work on 16,000 Amrapali flats, Real Estate News, ET RealEstate

File photo NEW DELHI: State-run NBCC (India) has started construction of over 16,000 flats of Amrapali on Monday, after the Bhumi Poojan. The projects where construction was started include Smart City-Golf Homes, Kingswood, Leisure Park (Ph-1, Ph-2 and River view), Centurion Park- Terrace Homes and Tropical Garden, Leisure Valley- Adarsh Awas Yojna and Dream Valley- […]

NBCC offers easy payment to Amrapali buyers, Real Estate News, ET RealEstate

NOIDA: Amrapali homebuyers awaiting flats will have to start paying their dues in easy instalments from August, as per a payment plan issued by NBCC. The charter was issued by NBCC in the wake of the July 10 order by the Supreme Court, asking homebuyers to help infuse working capital into the state-owned company. NBCC […]

Buyers to SC, Real Estate News, ET RealEstate

NOIDA: A group of Wish Town buyers urged the Supreme Court on Wednesday to direct the National Company Law Appellate Tribunal (NCLAT) to persuade state-run NBCC to immediately start construction in the Wish Town project and complete around 20,000 pending flats at the earliest. The court has issued notices to the NBCC and other stakeholders […]

Amrapali buyers can pay outstanding dues in terms of NBCC’s payment schedule, Real Estate News, ET RealEstate

NEW DELHI: Stuck Amrapali homebuyers now have the option of paying the unpaid balance amount to state-run NBCC (India) as per the new payment schedule finalised by the public sector company, thus helping them pay instalments in a staggered manner, linked to construction milestones. Homebuyers of at least five projects, where only 10% work was […]

NBCC to deliver 10,000 Amrapali flats by June 2021, Real Estate News, ET RealEstate

NEW DELHI: State-run NBCC (India) has fast-tracked the execution of troubled developer Amrapali‘s stalled projects, its top executive said, with 10,000 homebuyers expected to get delivery of their flats by June next year in the decade-old project. This follows a recent order by the Supreme Court directing financial institutions to disburse the balance loan amount […]

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