Oct 12, 2021 08:57 PM IST
The site visit was followed by a meeting with Noida CEO Ritu Maheshwari during which the team discussed the roadmap for the demolition of the buildings.
- Oct 05, 2021 01:42 PM IST
According to a statement by Noida Authority, 20 of its officials named in the Supertech twin tower case have retired, two are dead and four are still in office
- Oct 04, 2021 07:37 PM IST
The court was informed that the total amount due to the homebuyer was around Rs 1.78 crore, out of which Rs 50 lakh has been paid to him following the court’s order dated September 24
- Oct 04, 2021 02:03 PM IST
The filing of applications styled as miscellaneous applications' or applications for clarifications in the guise for review cannot be countenanced, the apex court said
- Oct 03, 2021 10:09 PM IST
The Uttar Pradesh government on October 3 has suspended three Noida Industrial Development Authority (NOIDA) officers over their role in illegal construction of Supertech’s two 40-storey towers in Noida
- Sep 29, 2021 01:55 PM IST
In its review petition, Supertech has contended that demolition of one tower alone would ensure compliance with minimum distance requirements and the national building code, without affecting the environment.
- Sep 28, 2021 01:04 PM IST
Builder says order will not have any adverse impact on the firm, its group companies or ongoing projects. The UPRERA had passed 282 orders against Supertech for refunds and issued 249 recovery certificates against the promoter. By June 23, only 101 cases were settled.
- Sep 22, 2021 10:20 AM IST
The commission directed that its order shall come into effect after seven days if the builder fails to deposit around Rs 1.79 crore
- Sep 10, 2021 09:01 PM IST
The investigation team was initially given time till Sept 9 to submit its report. Chairman Sanjiv Mittal confirms to Moneycontrol that it is yet to be submitted. The Supreme Court had, on August 31, ordered the demolition of two towers in Noida within three months.
- Sep 06, 2021 09:50 PM IST
The SIT will investigate the irregularities that transpired between 2004 and 2017 and ensure a time-bound probe into the construction of two multi-storey towers that had come up in violation of building bye-laws
- Sep 03, 2021 08:31 PM IST
Observing that there was collusion between Noida Authority and the builder in the construction of 40-storey twin towers in Noida, the Supreme Court on August 31 ordered the demolition of the structures located in Sector 93A within three months. Here’s what transpired
- Sep 03, 2021 11:21 AM IST
Homebuyers at the Supertech Emerald Court fought back against a builder with a vigour that should be an inspiration for other hassled real estate customers across the nation.
- Sep 02, 2021 02:05 PM IST
The judgment sends out a message that authorities’ power to approve can be scrutinised for legality and a structure can be demolished if the permissions are found to be illegal
- Aug 31, 2021 09:05 PM IST
Action will also be insured against the then officials of Noida Authority and the real estate group after an inquiry as per procedures, the officer said.
- Aug 31, 2021 12:38 PM IST
The Supreme Court observed that diverse and unseen groups of flat buyers suffer the impact of the unholy nexus between builders and planners.
- Aug 06, 2021 12:18 PM IST
At the heart of the matter is the Supertech Twin Towers in Noida. The Allahabad HC had ordered their demolition in 2004. However, on August 4, 2021, an SC bench SC stayed the verdict, and pulled up the Noida Authority. Here is all that you need to know about the case.
- Aug 04, 2021 10:00 PM IST
The top court, during the day-long hearing, also asked the NOIDA that being a regulatory urban planning authority it should take a neutral stand.
- Jul 29, 2021 09:40 PM IST
Senior advocate Jayant Bhushan, appearing for Emerald Court Owner Resident Welfare Association, said that as per the by-laws, the builder cannot change the green area without the consent of flat owners.
- Jan 28, 2020 09:51 PM IST
In a statement on Saturday, Supertech had said it "handed over as many as 200 flats in its Romano project to home buyers today"
- Oct 23, 2019 07:45 PM IST
'The RC was issued on Tuesday and includes a principal amount of Rs 253 crore and Rs 40 crore interest,' the official said.
- Mar 20, 2019 12:40 PM IST
According to sources, Supertech is in advance stage of discussions with some potential buyers to sell this office complex, and the deal could be finalised soon.
- Mar 15, 2019 01:04 PM IST
The authority has also imposed a penalty of five percent on the estimated cost of the real estate project.
- Oct 30, 2018 05:08 PM IST
Meanwhile, the realty firm plans to raise about Rs 1,200 crore by monetising its 1 million sq ft retail space in a mixed-use project at Noida and deliver around 10,000 units by the end of this year.
- Oct 22, 2018 01:30 PM IST
Nervousness in the stock market and fears of a liquidity squeeze for NBFCs creating solvency issues for real estate players are the reasons for the free fall in NBFC shares post Supertech’s default.
- Oct 20, 2018 08:29 AM IST
Investors have punished the finance sector with a nearly 10 percent fall in the BSE stock market over the past one month