The top court cleared the modalities by which the homebuyers can be put to notice for clearing outstanding amounts after being validated by the court receiver appointed by the top court.
It observed that it would not allow the “ghost buyers”, who had purchased flats from Amrapali Group at a nominal price to step in by allowing them pay the outstanding amount and their registration of flats will be annulled.
A bench of Justices Arun Mishra and U U Lalit said, “If home buyers are not ready to pay their outstanding amount, then we will have to bundle up the projects”.
Advocate Shobha, appearing for a homebuyer, said that her project Amrapali Leisure Park falls under category-C, and as per the builder-buyer agreement the payment plan was linked to the construction.
“Till now nothing has been done on the ground and it would be unfair, if I am asked to pay the amount,” Ms Shobha said.