RegulatoryMint
Buyers allege NBCC selectively cancelled 49 flat bids
Negative-18
GreyOak summary
Dissatisfied buyers approached the Delhi High Court alleging NBCC selectively cancelled bids for 49 flats in the Avenue Towers project. The auction was halted citing administrative reasons, with buyers questioning the transparency after 17 units were previously pulled. NBCC had previously sold 8.80 lakh sq ft of the project for approximately ₹5,191 crore.
What it affects
- NBCC (India)NBCCNegative -18
Buyers allege selective cancellation of 49 flat bids.Rolling sentiment Neutral +7
Source
Read the original at MintMore NBCC (India) news
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