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Supreme Court cancels the RERA Registration of Amrapali Group

Dated on: Tuesday 23rd July 2019

To provide relief to the homebuyers, the Supreme Court recently has canceled the registration of Amrapali Group under RERA, thereby banning the real estate company from undertaking any housing project even in future. Therefore to complete the 42000 flats in various projects of the Amrapali Group, the state-run builder NBCC (National Buildings Construction Corporation Limited) has been engaged. Also, the court has ordered Money Laundering cases to be registered against the Amrapali Group MD and CMD.

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