1,2,3 BHK FLAT AMRAPALI DREAM VALLEY NOIDA EXTENSION

Amrapali Dream Valley  2 is a stalled residential project in Noida Extension (Greater Noida West) being completed by the government-owned NBCC under the supervision of the Supreme Court. The original developer, the Amrapali Group, went bankrupt after mismanaging homebuyers’ funds.

Project overview

Construction and possession status

• NBCC takeover: Following severe project delays and the Amrapali Group’s insolvency, the Supreme Court appointed NBCC in 2019 to complete the pending projects.
• Funding issues: NBCC initially faced funding challenges, but secured loans and sold promoters’ assets to finance the construction. In 2025, NBCC sold over 1,100 units in an e-auction to raise more funds for stalled projects.
• Ongoing construction: As of July 2025, work is progressing on some sections, including Dream Valley Phase 2. In October 2024, NBCC completed and handed over 51 apartments in Dream Valley Enchante, with more to follow.
• Possession delays: The project has faced years of delays. For instance, the original villas had an advertised possession date of December 2023, while some high-rise units have a revised possession starting in 2025. The delivery of flats is ongoing and depends on NBCC’s completion schedule.

Amrapali Dream Valley Noida Extension flat for Resale

To find a resale flat in Amrapali Dream Valley in Noida Extension (Greater Noida West), you can search property listings on major real estate websites. While the original Amrapali Group has faced legal issues, the project is now under the control of NBCC, and flats are available on the secondary market.

Important issues for prospective buyers

• Insolvency risk: Since the Amrapali Group is bankrupt, homebuyers have to deal with the court-appointed receiver and NBCC. This makes the purchase process more complex and slower than with a standard developer.
• Unauthorized construction: In October 2024, villa owners in the connected Amrapali Leisure Valley society were fined for installing illegal borewells, highlighting potential issues with infrastructure and approvals.