3Photo© dnaindia.comSC cancels registration of Amrapali Group, directs NBCC to complete unfinished housing projects
New Delhi, July 23: The Supreme Court while cancelling the RERA registration of real estate major Amrapali Group also said that the Enforcement Directorate shall register a case of money laundering against its directors.
The court while cracking down on real estate companies delaying projects also asked the government to take stock of all pending projects across the country. The court said that action under RERA must be instituted to get projects completed. Further the government shall also issue new guidelines on completion, the court also said.
The Supreme Court was delivering its verdict as to who would complete the stalled projects of embattled real estate major Amrapali Group to give respite to over 42,000 hassled home buyers. The court also said that the NBCC be engaged to complete all pending projects.