New Delhi Feb 22 PTI National Buildings Construction Corporation NBCC has assured the Supreme Court that the construction of stalled projects of Amrapali Group will be of good quality and independent experts will assess the safety and quality standardsThe assurance was given by the NBCC to a bench of Justices U U Lalit and Bela Trivedi after some Amrapali home buyers voiced their concern in the wake of poor quality work at a housing project in Gurugram where residents have been asked to vacate the buildingThe home buyers through advocate ML Lahoty sought the courts intervention in ensuring quality control of the work undertaken by NBCC in the Amrapali projectsSenior advocate Siddharth Dave appearing for the NBCC on Monday said the company was committed to maintaining the quality of work undertaken by it and the controversy over the Gurugram project should not be linked with Amrapali projectsHe said the company would never compromise with the quality of construction and it has hired -- NIT-Nagpur and NIT-Jalandhar-to examine the structural strength of the buildings Senior advocate N Venkataramani who has been appointed court receiver by the top court said that several home buyers have been sending him messages voicing their concern over the quality of construction in Amrapali Projects after the recent Gurugram incident Lahoty pointed out that there are around 650 home buyers of NBCCs Green View project in Gurugram who have received notices to vacate the building by this month endHe said a report of IIT-Delhi has found structural defects in the project and apprehension of Amrapali home buyers is genuine and should be addressed by asking the IIT-Delhi to conduct structural safety audit of the buildings under constructionDave said that these Amrapali projects are inherited and as soon as they have found defects experts are appointed and reports are awaitedWe dont want to put the safety of residents at risk Dave saidThe bench recorded the submissions of Dave in its order and said that the home buyers concern should be looked into by the NBCCThe NBCC had earlier told the top court that despite the COVID-19 pandemic it was making all efforts towards the successful completion of various projects of the Amrapali Group situated in Noida and Greater NoidaIt had said that at present 10 projects in Noida and 12 projects in Greater Noida are under execution involving 45957 units with a sanctioned project cost of Rs 802578 croreThe apex court in its July 23 2019 verdict had cracked the whip on errant builders for breaching the trust reposed by homebuyers and ordered the cancellation of the registration of the Amrapali Group under real estate law RERA and ousted it from prime properties in the NCR by nixing the land leasesFormer group directors of Amrapali-- Anil Kumar Sharma Shiv Priya and Ajay Kumar are behind bars on the top courts orderThe apex court had directed a probe by the Enforcement Directorate into alleged money laundering by realtors providing relief to over 42000 home buyers of Amrapali Group with the verdictThe top court which is trying to bring in funds for the stalled projects had then directed the state-run NBCC to complete the stalled projects of the Amrapali Group PTI MNL SA

New Delhi Oct 25 PTI In a first glimmer of hope for hassled Amrapali home buyers around 150 flats completed by NBCC in a stalled project since the real estate company ran into trouble will be given to them on the occasion of Diwali the Supreme Court was informed on MondayThe top court was told that 150 home buyers of Amrapali in a project situated at Greater Noida will be given the possession letter in a ceremony planned for Diwali which is on November 4Since the 2019 verdict of the top court for the first time 150 home buyers will be given possession letters for the flats in a project which was stalled after Amrapali ran into legal and financial troubleA bench of Justices U U Lalit and Ajay Rastogi appreciated the efforts after court receiver senior advocate R Venkataramani informed that 300 flats are nearing completion out of which 150 flats have been completed by NBCC and will be handed over during the upcoming festivalWe will be giving possession letters to the 150 home buyers in a small ceremony planned for Diwali the court receiver told the top courtVenkataramani further informed the court that State Bank of India and UCO bank have agreed to pledge Rs 450 crore while Bank of Baroda has in principle agreed to infuse funds for completion of the stalled projectsHe urged the top court that a slight nudge would expedite funding by the banks and would help in expeditiously completing the stalled projectsThe bench directed all the concerned banks to come up with a final proposal within two weeks and file a compliance reportAdvocate ML Lahoty appearing for home buyers submitted a note to the court and said that there are several issues pending consideration of the bench including recovery of funds from various entities and individuals who have diverted or siphoned off home buyers money as per the July 23 2019 verdict of the top courtThe note of Lahoty highlighted major recovery from ex-directors and ex-Chief Financial Officer Chander Wadhwa about Rs 91272 crore and Rs 4222 crore from Rhiti Sports Management Pvt Ltd RSMPL which promotes brand of former Indian team captain Mahendra Singh DhoniLahoty said that besides these there are several other issues which need to be taken cognizance of by the top court and some interim orders need to be passed to banks in relation to the subvention schemeThe bench said that it would bring to the notice of Chief Justice of India NV Ramana and seek permission for three continuous days from November 9 to 11 to take up all the pending issues in the matterOn September 3 the top court had warned that the flat buyers of Amrapali Group who are not clearing their dues as per the payment plan should not be in any kind of delusion as their units can be cancelled and will be considered as unsold inventoryOn August 13 the top court had said that there are two categories of home buyers -- first category is of 9538 home buyers who have neither registered so far in the Customer Data maintained by the office of the Receiver nor have made any payments subsequent to the judgment of the Court in July 2019It had noted in its order that there is a second category of 6210 home buyers who have registered themselves in the Customer Data but have not made any payment since the judgment of this court in July 2019The NBCC earlier said that despite the COVID-19 pandemic it was making all efforts towards the successful completion of various projects of the Amrapali group situated in Noida and Greater NoidaIt had said that at present 10 projects in Noida and 12 projects in Greater Noida are under execution involving 45957 units with sanctioned project cost of Rs 802578 croreThe apex court in its July 23 2019 verdict had cracked the whip on errant builders for breaching the trust reposed by home buyers and ordered the cancellation of the registration of the Amrapali Group under real estate law RERA and ousted it from prime properties in the NCR by nixing the land leasesEx-Group directors of Amrapali Anil Kumar Sharma Shiv Priya and Ajay Kumar are behind bars on the top courts orderThe top court had directed a probe by the ED into alleged money laundering by realtors providing relief to over 42000 home buyers of Amrapali Group with the verdictThe top court which is trying to bring in funds for the stalled projects had then directed the state-run National Buildings Construction Corporation NBCC to complete the stalled projects of the Amrapali Group PTI MNL SA