Amrapali homebuyers asked to pay Rs 200 per sq ft extra to meet shortfall

A separate fund, namely "Sinking cum Reserve Fund", has been made where all homebuyers of Amrapali Group would deposit the amount

A Supreme Court-appointed receiver of Amrapali group's housing projects has asked homebuyers to deposit an additional amount of Rs 200 per sq feet of their flats.

The receiver has decided to raise funds to meet the fund shortfall, as it noted that the construction cost had increased substantially since the initial booking a decade ago.