[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Hyaemin Park staff of Kamagroup. Here I have important INDIA REAL ESTATE news to share with you which is as mentioned under.
Noida: Nearly a year after the Supreme Court ordered NBCC to complete the unfinished projects of the embattled Amrapali Group, the state-run construction company said on Monday that it would hand over apartments in Eden Park and Castle — the first two of the 16 stalled projects — in January.
NBCC also floated tender for completion of work in seven other stuck Amrapali projects, which officials said would bring relief to at least 9,000 buyers. The last date for submitting bids is December 26.
“We have completed 10 pending flats in Castle and seven in Eden Park housing projects. Work on firefighting equipment, sewage treatment plant and the final paint work in some of the flats are on the verge of completion. We will hand the flats to the Supreme Court-appointed receiver in January,” said a NBCC spokesperson.
The projects for which the tender was floated on Monday are — Centurion Park in Techzone 4, Silicon City phases 1 & 2 in Sector 76, Zodiac in Sector 120, Sapphire phases 1 & 2 in Sector 45, and Princely Estate in Sector 76. The total value of the tender is Rs 562 crore.
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/nbcc-to-deliver-flats-in-two-amrapali-projects-in-january/articleshow/72236038.cms
Have a nice day.