• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News
Tuesday, February 7, 2023
  • Login
1Money Mania
  • Home
  • Corporate
  • Economy
  • Company News
  • Markets
  • Industry Updates
    • Aviation
    • Chemical Industry
    • Education & Training Industry
    • Engineering Industry
    • Fisheries in India
    • FMCG
    • Gems & Jewellery
    • Healthcare
    • Hospitality
    • IT and Services
    • Petroleum Industry
    • Pharmaceutical Industry
    • Railways
    • Software Industry
    • Telecommunications
    • Textile & Fashion Industry
    • Travel & Tourism
    • Auto Sector
  • Banking
  • Finance/Money
  • Start-ups
  • Others
    • Business Events
    • IPO News
    • Bollywood Business
    • Mutual Funds
    • MSME
    • Opinion
    • Real Estate / Infra
    • Technology
    • Young Entrepreneurs
    • Women Entrepreneurs
    • Ministry of Finance
    • Tribal Entrepreneurship
    • Kids Entrepreneurs
    • Marketing
    • Social Media
    • SocialPrenuers
    • Professional Sports
    • Entrepreneur Couple
    • Heritage Entrepreneur
    • Homepreneurs
No Result
View All Result
  • Home
  • Corporate
  • Economy
  • Company News
  • Markets
  • Industry Updates
    • Aviation
    • Chemical Industry
    • Education & Training Industry
    • Engineering Industry
    • Fisheries in India
    • FMCG
    • Gems & Jewellery
    • Healthcare
    • Hospitality
    • IT and Services
    • Petroleum Industry
    • Pharmaceutical Industry
    • Railways
    • Software Industry
    • Telecommunications
    • Textile & Fashion Industry
    • Travel & Tourism
    • Auto Sector
  • Banking
  • Finance/Money
  • Start-ups
  • Others
    • Business Events
    • IPO News
    • Bollywood Business
    • Mutual Funds
    • MSME
    • Opinion
    • Real Estate / Infra
    • Technology
    • Young Entrepreneurs
    • Women Entrepreneurs
    • Ministry of Finance
    • Tribal Entrepreneurship
    • Kids Entrepreneurs
    • Marketing
    • Social Media
    • SocialPrenuers
    • Professional Sports
    • Entrepreneur Couple
    • Heritage Entrepreneur
    • Homepreneurs
No Result
View All Result
1Money Mania
No Result
View All Result
Home Real Estate / Infra

How Orris Infrastructure’s resilience won back Greenopolis project

by Money Mania
April 27, 2022
in Real Estate / Infra
0
How Orris Infrastructure’s resilience won back Greenopolis project
Share on FacebookShare on Twitter

New Delhi: Greenopolis real estate project started, as an innovative blend of green efficient technologies that creates an eco-friendly habitat by focusing on the efficient use of energy, water, and building materials, in 2011. It was also registered by the IGBC Green Homes Rating System. Featuring a colourful mix of public, semi-public, and private rooms that were all linked by a network of walkways, this residential project was a representation of architecture and intelligence blended together. Parks, play areas, plazas, shopping and entertainment centres, all were woven into the fabric of vibrant community life. The vision was to create an environment-friendly habitat encompassing all elements of spiritual and physical well-being.

The Development Agreement was executed between Orris Infrastructure and Three C Company, wherein Orris was the landowner and the 3C Company, was the Developer and was supposed to develop the project. Soon, Orris Infrastructure realized the malafide intentions of the Three C company, when Three C Company started delaying the construction of the project. 

You May AlsoLike This

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

February 6, 2023
People are paying in white to buy property- Ashutosh Bhogra- Real Estate Consultant

People are paying in white to buy property- Ashutosh Bhogra- Real Estate Consultant

December 2, 2022
Asset Deals gears up for a one-day “Property Carnival” to showcase India’s best real estate properties under one roof

Asset Deals gears up for a one-day “Property Carnival” to showcase India’s best real estate properties under one roof

September 24, 2022

The Orris Infrastructure along with other land owners procured license on land admeasuring  47.218 acres in sector -89, Gurgaon, for development of Greenopolis project, which was agreed to be constructed on 37.218 acres. On the complaint of the “Greenopolis Welfare Association”, Welfare Association of the Greenopolis project before HARERA, Orris, came to know, that the Three C Company was infact siphoning money to its counterparts and group companies and the same was discovered on the basis of the report filed by the Currie and Brown in the proceedings held before HARERA and thus not pouring the complete money collected for completion of Greenopolis project with no intention of spending the money fairly for completion of  Greenopolis project. 

The Three C Company, in connivance with a contractor, initiated insolvency proceedings. To save the interest of innocent buyers, Orris Infrastructure presented its intention of taking complete responsibility for the development of project before HARERA. Fortunately, on the 7th of October, 2020, an order was passed by HARERA asking Orris Infrastructure to develop the project as per the timelines provided by the Orris Infrastructure. This order was later held back due to the appointment of an IRP on 16th October, 2020.  Thereafter, this matter went upto Hon’ble Supreme Court. The Supreme Court finally directed NCLT to decide the matter expeditiously and to decide whether the proceedings under HARERA and orders passed therein will have any bearing on the proceedings initiated before the NCLT under the IBC.

Orris Infrastructure was resilient and filed an application before NCLT for finally disposing the matter. The company struggled for the rights of homebuyers and after a long legal battle, Orris’s rights were recognised. Orris rose to the occasion when the order was passed on 29th March, 2022, stating that the project belongs to Orris Infrastructure and Three C was merely a contractor in the project and the RP will have no control over the escrow account. 

This state-of-the-art residential project is finally ready to take shape with all its glory. Orris has already started the work for completing the project as per timelines. Over 1800homebuyers, who have put their hard-earned money into the property will experience the happy moment of getting possession soon. 

Tags: Greenopolis projectGreenopolis real estate projectGreenopolis Welfare AssociationOrris Infrastructureresidential projectThree C Company
Money Mania

Money Mania

Related Posts

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai
Real Estate / Infra

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

by Money Mania
February 6, 2023
People are paying in white to buy property- Ashutosh Bhogra- Real Estate Consultant
Opinion

People are paying in white to buy property- Ashutosh Bhogra- Real Estate Consultant

by Money Mania
December 2, 2022
Asset Deals gears up for a one-day “Property Carnival” to showcase India’s best real estate properties under one roof
Real Estate / Infra

Asset Deals gears up for a one-day “Property Carnival” to showcase India’s best real estate properties under one roof

by Money Mania
September 24, 2022
NIBM Pune to get enriched by sheer luxury
Real Estate / Infra

NIBM Pune to get enriched by sheer luxury

by Money Mania
September 16, 2022
CS REALTY announces their next project launch after the success of Flamingo67
Real Estate / Infra

CS REALTY announces their next project launch after the success of Flamingo67

by Money Mania
May 2, 2022
  • Trending
  • Comments
  • Latest
Now our E-store India has become an international company

Now our E-store India has become an international company

November 1, 2022
Nilesh Jedhe –Cryptocurrency trainer and founder of Digicorp Pvt Ltd rising high by imparting trading knowledge

Nilesh Jedhe –Cryptocurrency trainer and founder of Arweave Digicorp Pvt Ltd rising high by imparting trading knowledge

June 4, 2022
Incomet Learning Private Limited, Incomet learning, Stock Entrepreneurs Program, Share market, Price Action Trading courses, financial education, Kanishk Gupta, Share market preparing Fundamental examination, Stock Market Training courses, stocks and tradings

Willing To Master Stock Market? Incomet Learning Program Is Here For You

June 6, 2022
Archana Jain Talks About Her Biggest Project of 2023

Archana Jain Talks About Her Biggest Project of 2023

January 30, 2023

PrivateCourt is all set to revolutionize the concept of Online Dispute Resolution

1

FTV brings their First Beauty Pageant to India

1

Maxworth Realty Reviews – Impact of Covid In Real Estate Sector

1

Nine Mantras for Happiness And Success

1
Elements becomes India’s largest chain of Photoshoot locations

Elements becomes India’s largest chain of Photoshoot locations

February 7, 2023
K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

February 6, 2023
SignDesk and Microsoft partner to drive the next phase of document automation, powered by Azure

SignDesk and Microsoft partner to drive the next phase of document automation, powered by Azure

February 4, 2023
The Income Tax Collection Cost in India is the lowest in the world: Mr. Shishir Agarwal Chief Commissioner of Income Tax

The Income Tax Collection Cost in India is the lowest in the world: Mr. Shishir Agarwal, Chief Commissioner of Income Tax, Hyderabad, Government of India

February 2, 2023

Categories

  • Agriculture & Allied Industries
  • Artpreneurs
  • Auto Sector
  • Aviation
  • Banking
  • Bollywood Business
  • Business Events
  • Chemical Industry
  • Company News
  • Corporate
  • Cryptocurrency
  • E-Commerce
  • Economy
  • Education & Training Industry
  • Edupreneur
  • Energy Sector
  • Engineering Industry
  • Entrepreneur Couple
  • Entrepreneurial Network
  • Finance/Money
  • FMCG
  • Gems & Jewellery
  • Healthcare
  • Heritage Entrepreneur
  • Homepreneurs
  • Hospitality
  • Industry Updates
  • Inspirational
  • Insurance
  • Interviews
  • Investments
  • IPO News
  • IT and Services
  • Kids Entrepreneurs
  • Marketing
  • Markets
  • Ministry of Finance
  • MSME
  • Mutual Funds
  • Opinion
  • Petroleum Industry
  • Pharmaceutical Industry
  • Professional Sports
  • Railways
  • Real Estate / Infra
  • Social Media
  • SocialPrenuers
  • Software Industry
  • Start-ups
  • Technology
  • Textile & Fashion Industry
  • Transport Business
  • Travel & Tourism
  • Tribal Entrepreneurship
  • Women Entrepreneurs
  • Young Entrepreneurs

Recent News

Elements becomes India’s largest chain of Photoshoot locations

Elements becomes India’s largest chain of Photoshoot locations

February 7, 2023
K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

February 6, 2023

Calendar

February 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728  
« Jan    

Menu

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News

1moneymania.in is a digital platform that brings you the news, articles, stories, success mantras and opinions of entrepreneurs from various sectors like Markets, Corporate Sectors, Industry, start-ups, finance, money, Banking, Technology, Real Estate, etc.

We are also highlighting the start-ups’ stories and encouraging the new and small entrepreneurs.

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News

© 2022 Money Mania

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Money Mania

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In