Noida, Dec. 31 -- Four Audis, three Porsche and six BMW cars will be among the assets of the beleaguered Amrapali Group set to go under the hammer on January 8 as part of the Supreme Court-mandated process to fund the builder's unfinished projects.
The apex court had appointed auctioneer Metal Scrap Trade Corporation (MSTC) to invite bidders for the assets, which also includes unsold flats.
The auction process will start at the website - www.mstcecommerce.com. The money from the proceedings will be given to NBCC (India) Ltd to complete the projects.
An auction notice, on behalf of R Venkataramani, Supreme Court appointed Court Receiver, has also been placed in newspapers for the auction. "The the sale of residential properties at Amrapal...