Restructure Amrapali Homebuyers' Loans, Release Dues: Top Court To Banks

Considering the current situation of real estate projects on standstill, "Noida and Greater Noida authorities need to work out a schedule on how much they want at one go", the Supreme Court said. "Home-buyers cannot enjoy the fruits of their investment," the court said. The Noida Authority cannot charge an exorbitant rate of interest from the builder for delay in payment. The rate of interest cannot be more than eight per cent, t...