NBCC has received approval from Greater Noida Authority to develop the unused and purchasable floor area ratio (FAR) in five Amrapali projects worth Rs 10,000 crore.

The five projects include Centurian Park, GH-05, Tech Zone-IV, Greater Noida 2; Golf Homes, GH-02, Sector-4, Greater Noida; Leisure Park, GH-01, Tech Zone-IV, Greater Noida; Leisure Valley, GH-02, Tech Zone-IV, Greater Noida, and Dream Valley, GH-09, Tech Zone-IV, Greater Noida.

In 2019, NBCC was tasked by the Supreme Court to complete 26 stalled Amrapali projects comprising 38,500 housing units. NBCC was appointed as project management consultant (PMC) and Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was floated to complete these stuck projects. In March 2023, the Supreme Court instructed NBCC to submit a proposal on unused FAR which is the ratio between a building’s total constructed floor area and the land area. This would allow the construction company to construct new dwellings on the unused land in the five projects and put up for sale.

In December 2023, the company had announced sales of 5,000 units for Rs 2,900 crore across several residential projects of the erstwhile Amrapali Group.

As per NBCC, it has 26 projects in total with 11 projects in Noida, 14 projects in Greater Noida and one project in Manesar. It has completed 11 projects in Noida and Greater Noida, while 14 projects are under execution. A commercial project in Greater Noida Tech Park is yet to be started.