New Delhi: Pronouncing its judgment in the case pertainingto pending projects of Amrapali Group, the Supreme Court on Tuesday faultedbanks, Noida and Greater Noida authorities for the ongoing mess at the real estate company. Canceling Amrapali'sReal Estate Regulatory Authority (Rera) registration, the apex court has askedstate-run NBCC to complete pending projects of Amrapali Group.
The apex court also gave a big relief to 42,000 home buyersof the group, with the bench of Justices Arun Mishra and UU Lalit ordering thatthey shall not be prevented from taking possession of the flats on account ofnon-payment of dues to Noida and Greater Noida authorities.
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