{
  "id": 12554293,
  "title": "NBCC sets big plan to revive Supertech projects",
  "url": "https://urgent.news/2026/10/07/nbcc-sets-big-plan-to-revive-supertech-projects",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-07T05:14:53.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/industry/services/property-/-cstruction/nbcc-sets-rs-9620-crore-plan-to-revive-16-stalled-supertech-projects/articleshow/134756744.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "NBCC, the Project Management Consultant appointed by the National Company Law Appellate Tribunal, has initiated a major plan to revive 16 stalled housing projects of bankrupt builder Supertech. The plan involves issuing 25 tenders worth Rs 9,620.33 crore for construction and related works across the project portfolio, which spans across Uttar Pradesh, Haryana, Uttarakhand, and Karnataka. These projects comprise nearly 50,000 stalled housing units, with 50,962 homes in total, of which 39,870 were sold. The completion of work on the sold apartments requires an investment of Rs 1,700 crore, with receivables estimated at Rs 2,200 crore. The NCLT order has highlighted challenges in some projects, such as discrepancies between approved and actual construction units. NBCC plans to commence construction from January 16, 2027, after completing due diligence and audits.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}