NBCC has completed Amrapali’s 37 residential and 6 commercial units

NBCC which acts as project management consultant for incomplete projects of Amrapali has reported to have completed 37 residential and 6 commercial units of Amrapali.

These units comprise of Villas and penthouses and are in Noida and Greater Noida extension. Sale price of these units have not yet decided but as per a modest estimate these units are likely to be sold for Rs 40 to 45 crore.



As per Supreme court’s order NBCC was awarded the tasks to complete the incomplete units of Amrapali.

Supreme court had asked NBCC in 2019 to complete and deliver 38,159 flats by 2023. Properties would be sold by Govt’s lottery or the e-auction system. Total cost of completing all incomplete units of Amrapali is approximately Rs.8500 Crore, NBCC being the PMC ( project management consultant) would get 8 percent fee.

 

By : | Category : Business and Economy| Sub Category : Indian Business News|Date : January 18,2021

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