Delhi

NBCC conducts detailed inspection of Amrapali’s incomplete projects

 

NBCC (India) Ltd, a blue-chip Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs, carried out a detailed inspection of the incomplete projects of the Amrapali Group on Sunday. This exercise was done to prepare a feasibility report after the Supreme Court asked NBCC to submit a report on how it plans to complete incomplete projects of the builder. 

 

NBCC is in the process of taking over the projects that were left mid-way by the builder. This move is expected to bring relief to around 42,000 homebuyers.

 

An NBCC team of 30-40 architects and structural engineers led by the CMD (chairman and managing director) along with directors carried out inspection of all Amrapali projects. This was done in the presence of Amrapali executives.

 

The state-owned construction firm last week told the Supreme Court it was ready to “undertake” all the unfinished housing projects of the Amrapali Group.

 

This inspection will be followed by a financial inspection. There is bound to be cost overrun as some hidden costs were not declared by the Amrapali Group.

 

The Supreme Court recently came down heavily on the Amrapali Group for failing to comply with its order. A bench of Justices Arun Mishra and UU Lalit asked NBCC to submit a concrete proposal within 30 days as to how it plans to complete the projects along with a time line of completion.
 

Written by The Realty Paper


No comments yet

Leave a Comment

Your email address will not be published. Required fields are marked*