Good News For Amrapali Home Buyers, More Than 11 Thousand Flats Will Be Handed Over In The Next Two-three Months

“We are facing some issues regarding electricity and water connection for another 6,430 flats and once the connection is provided and completion certificate is received, these units will be kept for the next two to three months,” he said. will be handed over to home buyers.

The bench told Venkataramani that it was a significant development that out of more than 38,000 proposed flats, more than 11,000 flats were being handed over to the buyers and also asked them to ensure that the flats are handed over to their buyers only after full payment. Go. The senior advocate assured the bench that all these completed flats would be handed over only after the full payment is received from the home buyers.

Venkataramani said that out of a total estimated amount of Rs 3,014 crore, he has so far received Rs 1,275 crore from 22,701 home buyers and the remaining amount is to be received from 7939 home buyers, who have been issued ‘show cause notices’ in this regard. And according to the payment plan, this amount will be received by October 2024.

Advocate ML Lahoti, appearing for the home buyers, told the bench that there are 1970 ‘defaulters’ buyers who have not cleared their dues despite notices and the flats of such buyers need to be sold through auction. Justice Lalit said that he has limited time and would like to tackle three to four major issues of Amrapali, which will speed up the entire construction process and ensure successful completion of stalled projects.

The bench also extended the relief granted to former Amrapali Group Chairman and Managing Director (CMD) Anil Sharma after he was told that he was to undergo surgery in October. Additional Solicitor General Aishwarya Bhati, appearing for the Centre, said she was not opposing Sharma’s bail application on medical grounds.

The bench also extended the relief granted to former Amrapali director Shiv Priya till October 11 and allowed Delhi Police to file the affidavit. Priya is out on bail for the treatment of her daughter who is suffering from liver problem.

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(Except for the headline, this news has not been edited by the NDTV team, it has been published directly from the Syndicate feed.)

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