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NBCC 12월까지 11,400 개의 정지된 암라팔리 아파트 공사 시작할 예정 NBCC may begin construction of 11,400 stalled Amrapali flats by December
[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd.
Here I have an important Indian real estate news to share with you which is as undermentioned.

Mumbai: State-run NBCC (India) Ltd is likely to commence construction work on 11,400 units of stalled Amrapali projects as early as December. NBCC has already initiated the efforts to raise funds to re-start the construction work of the beleaguered realty developer, said two persons familiar with the development.

“NBCC is exploring various financing options so that it can begin the construction in two months,” said one of the persons mentioned above.

Earlier this month, Supreme Court appointed NBCC to develop the stalled projects of the Amrapali Group and directed the debt recovery tribunal (DRT) to sell unencumbered commercial properties of the firm to recover money.

Read more at:
https://economictimes.indiatimes.com/wealth/real-estate/nbcc-may-begin-construction-of-11400-stalled-amrapali-flats-by-december/articleshow/66021860.cms

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