Nearly 42, 000 home buyers are currently stuck with unfinished projects of Amrapali Group and the SC's direction will come as a blessings to them. The Court directed these authorities to issue completion certificate and recover dues from the sale of other assets created by the Amrapali Group. The Court directed the Housing department of Centre and State governments to take appropriate action against similar project proponents and ensure time bound completion of projects under RERA. The Court will hear the matter next on August 9 by when the police investigation progress report and the report by ED on registration of a case against Amrapali Group will be tabled. Similar stand was taken by Greater Noida authority which had said that Amrapali Group has five projects under its jurisdiction out of which four are vacant lands and no construction has taken place.

Source: dna July 23, 2019 05:33 UTC