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NBCC India Ltd., the company in charge of finishing Amrapali housing developments, is struggling to deliver over 25,000 completed units due to homebuyer defaults, registration lapses, and pending permissions. The Supreme Court, which is overseeing the resolution, has identified 1,953 flats sold for non-payment and another 1,490 units released for sale owing to unclaimed possession. Verification difficulties, such as fraudulent claims, impede the procedure. Homebuyers are opposing the NBCC's policy on post-handover upkeep, requiring fire clearance, water, and power connections first. The Supreme Court is now considering issuing a public notice to defaulters to clear their debts before taking any further action.
NBCC India Ltd, the entity responsible for completing the distressed Amrapali housing projects, has encountered significant hurdles in handing over possession to homebuyers, despite completing construction of approximately 25,000 flats. The Supreme Court, overseeing the resolution of this long-standing issue, has raised concerns regarding thousands of homebuyers who have either failed to claim possession or have not made the necessary pending payments. Advertisement
The court-appointed receiver, attorney general R Venkataramani, has highlighted that 1,953 flats have been sold due to homebuyers defaulting on payments, and an additional 1,490 units have been released for sale as buyers did not register on the designated portal. This situation has prompted the court to seek a response from the homebuyers' association and consider issuing a public notice to provide a final opportunity for defaulting buyers to rectify their status.
The delays in handing over possession have been attributed to several factors, including pending water and electricity connections from the Noida and Greater Noida authorities, as well as the submission of fabricated documents by some homebuyers. The verification process, now digitized to address these issues, has been further complicated by the discovery of fake and forged claims, requiring thorough examination before issuing no-objection certificates (NOCs) and possession letters.
The defaulting homebuyers are categorized into those who failed to register on the Customer Data portal and those who registered but defaulted on payments. To mitigate these issues, NBCC has sold 1,953 units of defaulters for a total sale value of INR 1,244 crore, with INR 1,012 crore realized till January 15, 2025. Additionally, 4,733 out of 4,959 unsold flats across Noida and Greater Noida have been sold, generating INR 2,617 crore, with INR 2,165 crore realized till January 15.
The Supreme Court has also been informed about homebuyers seeking refunds, with approximately 1,000 consenting to refunds and 420 already in process. These refund claims will be settled, and the flats will be released to NBCC for sale. The court-appointed receiver has clarified that NBCC will not be responsible for maintenance post-construction, proposing interim Apartment Owners Associations (AOAs) or maintenance agencies for one year, with costs borne by homeowners.
This proposal has faced opposition from homebuyers, who argue that NBCC must secure fire clearance, electrical and water connections, and lift NOCs before handing over possession. The resistance is evident in the figures presented, with only 11,827 out of 20,815 completed units in Greater Noida projects having been taken possession of, and 2,178 out of 4,301 completed flats in Noida projects.
The ongoing challenges highlight the complexities of resolving the Amrapali housing crisis, requiring continuous oversight and intervention from the Supreme Court. The task of resolving the Amrapali project is a large task, and the court's involvement is needed.
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