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Good news from SC for Amrapali Group home buyers
Good news from SC for Amrapali Group home buyers

New Delhi: Good news has come out from the Supreme Court for the troubled home buyers of Amrapali Group. The Supreme Court was told on Friday that 11,858 flats would be handed over to home buyers within the next two to three months, out of which 5,428 flats would be handed over in October itself. A bench of Chief Justice (CJI) Uday Umesh Lalit and Justice Bela M Trivedi was directed by the receiver of the court, senior advocate R Venkataramani informed that 5,428 flats completed by NBCC will be handed over to home buyers, along with electricity and water connections, next month in the festive season.

He further added '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 taken up for next two to three days. The houses will be handed over to the buyers within a month.' The court told Venkataramani that it was a significant development that out of over 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.

The senior counsel has assured the court that all these completed flats will 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 crores, he has so far received Rs 1,275 crore from 22,701 home buyers and the remaining amount is yet to be taken from 7,939 home buyers, who have been issued 'show cause notices' and payment plans. According to this, this amount will be received by October 2024. Advocate ML Lahoti, appearing for the home buyers, told the court that there are 1970 'defaulters' buyers who have not cleared their dues even after notice and the flats of such buyers need to be sold through auction.

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