13 Amrapali projects with 35k homes face Rera audit
(WorldNews India)

Greater Noida: The UP Real Estate Regulatory Authority (Rera) has ordered a probe to collect financial details and construction status of 13 Amrapali projects in Noida and Greater Noida, which collectively comprise around 35,000 flats. Land for all these projects was allotted in 2009 and `10. Debashish Panda, chief executive officer (CEO) of the Greater Noida Industrial Development Authority (GNIDA), has been named the investigating officer for what will essentially be an audit of these projects. The direction came after GNIDA told the state government the real estate company was reluctant to submit financial records and information about its ongoing projects in the twin cities. Amrapali`s...