By June 2024, NBCC will deliver 46,000+ units in total, including 41,000+ sold units and 5,000+ unsold units in more than 20 halted projects.
Through NBCC (India) Limited, the Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) has asked the home buyers to form an association to take over project upkeep as it has begun to finish the stuck projects, reports the Economic Times. ASPIRE is a company appointed by the Supreme Court (SC) for completing the stalled Amrapali projects.
Since neither NBCC nor the contractor will oversee the project's maintenance, the court receiver has requested the unit owners to step forward. It has said in a letter, “The committee has decided to recognize any ad-hoc association of people, residing in a particular project, and
First Published: Sep 28 2022 | 9:53 AM IST