SC appoints NBCC to construct stalled projects of Amrapali
The Supreme Court on Wednesday appointed state-run NBCC to develop the unfinished projects of beleaguered real estate company Amrapali Group. It has also directed Debt Recovery Tribunal to sell the unencumbered commercial properties of Amrapali to raise funds for the construction. NBCC had given a proposal for the completion of 15 residential projects of Amrapali having over 46,500 flats.