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SC seeks homebuyers, NBCC suggestion on Amrapali unsold inventory

Top court to next hear the matter on October 4, seeks govt suggestion on how GST will be charged

Amrapali
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Advice sought on how unsold inventory of 2,000 flats could be sold to raise money for the completion of pending flats

Aashish Aryan New Delhi
The Supreme Court on Wednesday asked NBCC India and homebuyers of Amrapali group projects to suggest how around 2,000 apartments could be to raise money for completing flats.

A two-judge Bench of Justices Arun Mishra and U U Lalit also sought to know from banks if they can release loans to homebuyers so that they can complete payments for their flats.

In its judgment on July 23, the apex court had said that homebuyers of Amrapali group project would have to deposit the remaining dues for their flats in an account opened with the Supreme Court within three months.

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