Connect with us


Naidu asks Amrapali to fulfill promises made to consumers


A day after the Samajwadi Party called for strict action against defaulting builders in Noida, Union Urban Development Minister M. Venkaiah Naidu on Sunday asked infrastructure firm Amrapali Group to fulfill the promises made to the consumers.

According to an ANI report, Naidu asked builders, including Amrapali, to fulfill the promises. “There is no need to comment on this issue, they have to adhere to the schedule. What has been promised has to be fulfilled, because of such examples only, the real estate Bill was resuscitated,” Naidu told ANI.

Referring the real estate Bill passed by Parliament recently, Naidu urged the builders to adhere to the timed schedule.

“I appeal to all the builders to adhere to the timed schedule. The real estate Bill is passed by both Houses of the Parliament. Now we’re discussing about framing of rules. An Act will come into force soon. Action will be taken against those responsible,” he added.

The Amrapali Group is one of India’s leading real estate companies. On Friday, its brand ambassador and India’s one-day cricket captain MSDhoni quit the post after angry homebuyers trolled him on Twitter.Dhonisaid that he would take up the homebuyers’ concern with Amrapali, adding that “whatever is promised, I think it needs to be met.”


Over 4,000 buyers of the group’s ‘Golf Homes’ project are the worst sufferers after the real estate giant delayed the possession by about 15 months.

Latest News

News1 day ago

UP Real Estate Appellate Tribunal’s “Online Justice Delivery System” awarded for Innovative Technology for Smart Governance by Computer Society of India

U.P. Real Estate Appellate Tribunal’s “Online Justice Delivery System” has been awarded for Innovative Technology for Smart Governance and selected...

News2 days ago

52% NRIs see Indian commercial properties emerging as a new asset class

The Indian real estate segment demonstrates an upward trajectory with the projection to exhibit a growth rate of 9.2% CAGR...

Guest Column2 days ago

Welspun Gp acquires Sintex BAPL

Mumbai, March 30, 2023: Welspun Group has acquired the plastic industry market leader, Sintex.  Sintex’s auto business already has a...

New Launches2 days ago

Naiknavare Developers launches Avasa, new vertical of structured plots; commences e-commerce platform designed for plotting

Pune, March 30, 2023: Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Pune, Mumbai, and Goa, today announced it...

News2 days ago

Residential demand up 14.2%, supply grew 1.9% YoY: Magicbricks PropIndex Report, Jan-Mar’23

New Delhi/Noida, March 30, 2023: Continuing on the path of resilience and overall growth, India’s residential demand increased 14.2% and...

News2 days ago

Mahindra Life transacts with Alliance Gp for 9.24 acres at Mahindra World City, Chennai

New Delhi, March 29, 2023: Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development business of the Mahindra...