Platinum Building Noida Tender

Scope : Strengthening the Platinum Building Project in Noida, Uttar Pradesh

NBCC will invest in strengthening the building of Amrapali project after a structural audit raised concerns about the current state of the structures, people aware of the development said.The project where structural deficiency has been identified is Platinum.

There is deterioration to the various parts of the building which requires major repairs, upgradation or replacement of the elements. It becomes necessary to prevent the structure from deterioration and undue wear and tear as well to recover it back to its original condition to the extent possible.

The audit was done for the project. This building was constructed almost a decade back and was not maintained after that.

They have appointed Mumbai-based company Structural Specialities & Projects Pvt Ltd for the repair work. Amrapali’s project had been stuck amid a fund crunch and alleged financial mismanagement at the real estate firm.

NBCC took over the project on a direction from the Supreme Court. NBCC had assured the Supreme Court good quality of construction for the stalled project of the Amrapali Group and that independent experts would assess the safety and quality standards.

Homebuyers in this project had sought the court’s intervention in ensuring quality control of the work undertaken by NBCC in the Amrapali project.

The NBCC is facing a fund shortage to complete the project and is dependent on the receivables from existing customers. It has also expedited the sale of unsold units of Amrapali to fund the construction of stuck project.

All transactions related to Amrapali project will be monitored by a court receiver committee. NBCC has appointed construction partners in all the affected project, and construction is under way at every site.