Clear outstanding payments by Jan 31 for completion of stalled projects SC to Amrapali homebuyers

  • | Monday | 2nd December, 2019

New Delhi: The Supreme Court has set the ball rolling for thousands of Amrapali home buyers to finally get their respective homes completed. The top court on Monday directed the home buyers to pay all outstanding amounts by January 31 either in installments or in lump-sum for speedy completion of all the stalled projects of the tainted builder. A bench of Justices Arun Mishra and U U Lalit said that funds need to be channelised to complete the pending projects of Amrapali Group to provide respite to the hassled home buyers. Noida Extension Flat Owners's Association (Nefowa) co-founder, Indrish Gupta said that a lot of flat owners have had trouble getting loan amounts disbursed from the banks. "I hope that the Supreme Court issues stern directions to them with respect to releasing our remaining loan amounts at the next hearing on December 13."

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