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Authority to start registry of Amrapali flats,good news
Posted Date:-8/13/2019 4:32:55 PM

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The Supreme Court has directed the Noida and Greater Noida authorities to start registration of flats in favor of Amrapali homebuyers today and warned that if there is any delay on their part in handing over possession, their officials will be sent to jail. The two officials told the top court that they had formed a special cell to deal with the cases of Amrapali homebuyers and the order would be complied with.

 


Last month, the court revoked the registration of the Amrapali Group, entangled under the Real Estate Regulatory Authority, on the delayed completion of 42,000 flats. The properties were then leased to the Noida and Greater Noida authorities.

 

Earlier, in its July judgment, the apex court had said that home buyers would only pay towards the completion of their homes and those loans could not be owed to Amrapali officials or banks. It had also said that only the property of Amrapali office-bearers, who are attached under court orders, can be recovered. The Enforcement Directorate was also ordered to investigate the aspect of money laundering and submit the report to the court from time to time.




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