It is not yet clear, how the court receiver will handle nearly 8000 registrations in the Amrapali housing projects. Will he engage NBCC?

The top court ordered ED to probe the alleged money laundering by realtors and appointed the state-run National Buildings Construction Corporation, as a project management consultant, to complete the unfinished projects.

The recent Supreme Court judgement in the case related to the aggrieved 42,000 Amrapali homebuyers could be treated as a precedent to streamline incomplete housing projects, a mess created by real estate developers across the country.

The top court ordered ED to probe the alleged money laundering by realtors and appointed the state-run National Buildings Construction Corporation, as a project management consultant, to complete the unfinished projects. However, this judgement is not the end to the Amrapali housing scam. Instead, it is the beginning of an administrative jugglery and legal hurdles, which would apparently emerge during the implementation of this judgement.

The top court has played a leading role in sorting out the complex legal hurdles, which barred time-bound completion of the incomplete Amrapali housing projects.

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Another legal aspect in the matter is the money paid out to various people whom the court has identified receivers of contentious payments from Amrapali Group.There is a high probability that these people will legally contest the apex court's claims.

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