Aug 26, 2021 10:25 PM IST
With this, construction work on the six projects will be expedited, NBCC sources told Moneycontrol.
- Aug 16, 2021 09:01 PM IST
The auction is expected to take place on September 3, the document said
- Aug 10, 2021 09:21 PM IST
SBICap had on August 4 signed an MoU with the court receiver appointed by the Supreme Court to monitor stuck Amrapali projects for funding Rs 650 crore for six projects in Noida and Greater Noida.
- Aug 10, 2021 02:32 PM IST
These banks include HDFC, Axis and Punjab National Bank, NBCC sources have said
- Aug 04, 2021 09:44 PM IST
The Supreme Court on August 2 had asked banks to relax the funding criteria for stalled Amrapali projects that include submission of collateral security and corporate guarantees
- Jul 19, 2021 03:23 PM IST
Some contractors involved in completing Amrapali projects say they have not received dues worth Rs 500 crore from NBCC since February this year. NBCC says delays on account of COVID-19 and would be regularised soon.
- Jun 15, 2021 09:13 PM IST
The government’s construction arm received 95 applications for the draw that was launched in March this year
- Mar 26, 2021 10:02 AM IST
Results of the draw expected to be announced by April 15
- Mar 25, 2021 09:00 PM IST
The group’s wholly-owned subsidiary, Gaursons Hitech Infrastructure Pvt Ltd, to execute the projects
- Feb 08, 2021 01:26 PM IST
The residential units include five villas and 27 penthouses and six commercial properties with prices ranging from around Rs 64 lakh to Rs 2.04 crore; applications open until March 10
- Oct 19, 2020 03:36 PM IST
COVID-19 has impacted project execution as well as revenues; Steps are in place to enhance workforce at all sites, including Amrapali projects.
- Aug 13, 2020 07:25 PM IST
The SC lashes out at the Centre for not releasing funds from SBICAP stress asset fund, warns that if the proposal is not finalised within a week, it will pass orders for financing the projects independently.
- Jun 18, 2020 07:48 AM IST
At the Amrapali case hearing on June 3, SBICAP Ventures had informed the Supreme Court that it would create a Special Purpose Vehicle (SPV) with the court receiver and appoint a CEO to take over the construction of stalled projects in Noida and Greater Noida.
- Jun 15, 2020 06:26 PM IST
The estimated cost of completion of all 40,000-odd pending units of Amrapali is around Rs 8,500 crore
- Jun 10, 2020 03:22 PM IST
The apex court also capped the interest charged by the Noida Authority from builders for the delay in lease payment at 8 percent
- Apr 13, 2020 05:43 PM IST
The three projects located in Noida and Greater Noida comprise 4,500 units and are valued at Rs 1,046 crore
- Mar 05, 2020 09:28 AM IST
The market reacted negatively to the news of NBCC getting the Jaypee Infratech project, taking the stock to Rs 26, a level it had last seen in August 2014
- Dec 16, 2019 10:26 PM IST
SC directs NBCC to fast track completion of category-A projects of Amrapali; Next date of hearing is January 10
- Dec 02, 2019 10:23 PM IST
Instructions sought on whether a part of the Rs 25,000 crore stressed fund can be utilized to complete Amrapali projects; Next date of hearing is December 13.
- Oct 14, 2019 09:52 PM IST
The top court directed that the documents of the attached properties, which were with the Debt Recovery Tribunal be handed over to the MSTC, which would auction the assets and deposit the amount with the apex court registry.
- Aug 28, 2019 09:12 AM IST
NBCC as the white knight is not the remedy for all the ills the real estate sector is facing. A set of reforms is the need of the hour.
- Aug 19, 2019 10:23 AM IST
Homebuyers have demanded that the government orders a forensic audit for all realty projects pending for over three years and set up a task force to ensure delivery
- Aug 01, 2019 05:59 PM IST
Will outstanding amount collected from homebuyers be enough to kickstart construction of stuck projects in Delhi-NCR?
- Jul 31, 2019 06:01 PM IST
For homebuyers, NBCC comes with a sense of sovereign guarantee but there are concerns that completing more than one lakh housing units will be a tall order
- Jul 29, 2019 12:57 PM IST
The message has gone out loud and clear. Not just Amrapali, but all errant developers habituated to flouting the law are on notice.