1,100 Amrapali buyers get final notice, ET RealEstate

August 26, 2023

NOIDA: The Supreme Court receiver for Amrapali projects has issued a “final” notice to around 1,100 homebuyers who are yet to verify documents on the basis of which they were allotted flats and those who have not taken possession of their units even after getting the papers examined.

Since its promoters were jailed, stuck projects of Amrapali Group are being completed by NBCC, the government-backed construction company, under the apex court’s watch. Officials said the firm had already given the court receiver a list of the completed flats. The projects where these flats are ready are in Centurian Park, Dream Valley 1, Leisure Valley, Platinum, Princely Estate, Sapphire 1 and 2, Silicon City 1 and 2 and Zodiac.

According to rules, the buyers now have to visit the office of senior lawyer R Venkataramani, the court receiver, and submit documents to prove they have no dues against them. Once that is done, they would be given NOCs to take over their flats.

However, there are 828 buyers who are yet to submit documents related to their payments. A total of 243 buyers have taken NOCs from the court receiver, but are yet to take over the new flats.

Those who have not submitted their documents have now been asked to do so by October 15. Buyers who have secured the NOCs have been told to take possession of their flats by September 20.

In both cases, a daily fine of Rs 2,500 will be imposed for the next 30 days if the buyers either fail to submit the papers or take possession of their flats. After the 30-day deadline is over, the allotments may even be cancelled.

“Such cancelled units will be treated as unsold inventory. Thereafter, no claims will be entertained against such units, and the list will be reported to the Supreme Court,” the notice, dated August 23, read.

Kumar Mihir, who has been representing the buyers in court, explained why the allottees needed to complete the process.

“Look, the flats are now ready, and NBCC wants to shift its manpower to another location to complete some other project. Since homebuyers are dragging their feet, it is causing a delay for the construction company. Buyers who had been waiting for their homes for so long should now come forward and complete the process,” he told TOI.

In July 2019, the Supreme Court had assigned NBCC the task of completing Amrapali’s unfinished projects. It had also appointed Venkataramani as the court receiver to hand over possession, execute registries and oversee other work related to the projects.

  • Published On Aug 26, 2023 at 08:59 AM IST

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