NBCC (India) Limited has completed the sale of 5,000 flats having a value of around Rs. 2,900 Cr. This is a significant step towards delivering relief to the thousands of purchasers who have been waiting for years for their apartments. With this, the company has completed the sale of over 80% of the inventory available.
The sale of these 5,000 units has been conducted by Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE), a company floated to complete the pending Amrapali projects, under the supervision of the Supreme Court-appointed Ld. court receiver.
Currently, 14 projects with a value of around Rs. 7100 Crore are under execution. A strong workforce of approximately 8000 is working across various projects. One commercial project in Greater Noida, i.e., Tech Park is yet to be started.
