Noida govt approves development of five Amrapali Group projects

23 Feb 2024 CW Team

The Greater Noida Authority has granted approval to NBCC (India) for the development of five Amrapali Group projects, valued at approximately Rs 10,000 crore. This significant move marks a crucial step towards resolving the long-standing issues surrounding these projects, offering relief to thousands of homebuyers who have been awaiting possession of their properties.

NBCC, a Navratna enterprise under the Ministry of Housing and Urban Affairs, has been tasked with completing and delivering these stalled projects, providing much-needed assurance to homebuyers and restoring confidence in the real estate sector. The Amrapali projects, located in Greater Noida, were left incomplete due to financial mismanagement and other operational challenges faced by the Amrapali Group.

The approval from the Greater Noida Authority paves the way for NBCC to commence work on these projects, focusing on timely completion and ensuring compliance with all regulatory requirements. The development is expected to inject fresh momentum into the real estate market, fostering trust among investors and homebuyers alike.

This collaboration between NBCC and the Greater Noida Authority underscores the government's commitment to addressing the challenges in the real estate sector and safeguarding the interests of homebuyers. By leveraging its expertise and resources, NBCC aims to expedite the construction process, mitigate existing hurdles, and deliver quality housing units to the beneficiaries.

The successful implementation of these projects is anticipated to set a positive precedent for the resolution of similar stalled projects across the country, offering a ray of hope to homebuyers grappling with uncertainties. It also highlights the importance of public-private partnerships in revitalizing the real estate sector and driving economic growth.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..