Noida Realty

Following HC's refusal to listen to builders' petition, following builders have been put in the bankruptcy watchlist immediately by the nationalized banks and all fresh/pending loan disbursement have been stopped for all their projects including NOIDA and elsewhere. Banks have put on hold all the direct payments of builders loan also. (The list has been circulated by the IBA to all member banks in its confidential circular)

Following builders may seek insolvency/bankruptcy protection:

Supertech Limited
Amrapali Group
Antriksh
Ajnara
Mahagun
Paramount
Patel
Devika
Panchsheel
Stellar
Trident
Rajhans
Earth Infrastructures
Connoisseur Buildtech Pvt. Ltd
Earthcon
Gulshan Homes
Shree Group
Nirala Estates
Eros
Ajay Enterprizes
Valencia
Super City
Arihant
Gaursons

This is an initial list circulated by IBA and contains instructions that certain more partners may be included in..

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