Supertech

Noida Supertech's twin towers to become India's tallest structures ever to be demolished on Sunday, here's how it will be done

Supertech's illegal twin towers in Noida, which are taller than Delhi's Qutub Minar, will literally collapse like a house of cards in a process that would take less than 15 seconds for them to come down.

Aug 23, 2022, 13:29 PM IST

Supertech puts 2 hotels, 2 shopping malls on sale to raise Rs 1,000 crore for completing projects

Supertech Ltd plans to sell its four commercial assets at Meerut and Haridwar for an estimated Rs 1,000 crore. 

Jul 16, 2022, 18:42 PM IST

Supertech's 40-storey twin towers in Noida demolished on August 21

Supertech twin towers - Apex and Ceyane - in Noida will be demolished seven days ahead of the Supreme Court`s deadline of August 28. While giving extension for the demolition process on May 17, the apex court had asked Noida authority to complete the demolition process by August 28.

Jun 08, 2022, 11:22 AM IST

In talks to settle dispute over dues: Supertech’s ex-management tells Supreme Court

Supreme Court was informed by amicus curiae Gaurav Agarwal that the company does not have sufficient amount in account to make the refund to home buyers of the to be razed twin towers in the Emerald Court project.

May 06, 2022, 18:46 PM IST

Noida: Supertech stares at insolvency amid heat of twin-tower demolition

It advertised extensively and the firm was among the top in the real estate sector. Then in 2020 came the Covid pandemic, which turned everything upside down and created an unprecedented crisis for the real estate industry.

Apr 23, 2022, 19:03 PM IST

Supertech insolvency matter: NCLAT stays formation of committee of creditors till April 19

Supertech Ltd's counsel had requested for adjourning the matter for a week to enable it to approach the bank for negotiations.

Apr 13, 2022, 12:21 PM IST

Supertech Noida homebuyers get respite from SC, here's what apex court said

Realty firm Supertech Ltd informed the top court that it will be filing an appeal against the order of the National Company Law Tribunal (NCLT) declaring it bankrupt on a plea filed by the Union Bank of India for non-payment of around Rs 432 crore worth of dues.

Apr 05, 2022, 10:58 AM IST

Realty association writes to CM Yogi, seeks help to save builders from bankruptcy

Naredco's Uttar Pradesh Chapter represents developers having projects mainly under Noida, Greater Noida and Yamuna Expressway industrial development authorities.

Apr 02, 2022, 17:40 PM IST

After Supertech, now Logix group facing bankruptcy; fate of around 2700 home buyers uncertain

Collier International (India) Property Services has reached NCLT against Logic Builder.

Mar 29, 2022, 15:41 PM IST

Noida twin-tower demolition: Up to 4,000 kg of explosives and just 9 seconds, here's how Supertech's buildings will be razed

Up to four tonnes of explosives could be used to raze down the illegal Supertech twin towers in Noida and the implosion of the nearly 100-metre tall structures on May 22 would take just nine seconds, according to officials.

Mar 16, 2022, 14:24 PM IST

Supertech twin towers demolition on May 22, Noida authority shares modus-operandi

The NOCs of all departments have been received while the demolition of the twin towers will be carried out in a scientific process, said the authority. 

Mar 14, 2022, 16:38 PM IST

Supertech twin towers will be be demolished on May 22, Noida authority tells SC

The top court was informed that the entire debris will be removed by August 22.

Feb 28, 2022, 14:05 PM IST

Supertech Noida twin tower demolition: Commence work within 2 weeks, tells SC

A bench comprising Justices D Y Chandrachud and Surya Kant also directed the Noida CEO to convene a meeting within 72 hours in which all the agencies concerned shall be present.

Feb 07, 2022, 16:54 PM IST

Noida's Supertech twin towers case: SC asks builder to refund payments to home buyers by Feb 28

A bench of Justices DY Chandrachud and Surya Kant said where home loans are outstanding, the developer shall clear the home loans on or before March 31 and furnish NOCs from the concerned financial institutions to the home buyers no later than April 10.

Feb 04, 2022, 23:27 PM IST

Confiscated properties of 40 builders in Noida to be put on e-auction to recover dues

The value of the total properties that will be put up on auction is reportedly about Rs 500 crore. 

Jan 31, 2022, 15:37 PM IST

SC to Supertech: Refund money to all homebuyers

A bench comprising Justices D.Y. Chandrachud and Bela. M. Trivedi said Supertech should do the complete refund to homebuyers, who filed the contempt petition, by February 28, and the other homebuyers who are not in court should approach it within a week.

Jan 21, 2022, 16:12 PM IST

Supertech Noida twin tower case: SC dismisses realtor's plea seeking modification of order to raze twin 40-storey towers

The filing of applications styled as miscellaneous applications' or applications for clarifications in the guise for review cannot be countenanced, it emphasised.

Oct 04, 2021, 14:00 PM IST

Supertech twin-tower case: UP govt suspends 3 NOIDA officers, total 26 found involved

The Uttar Pradesh government on Sunday suspended three Noida Industrial Development Authority (NOIDA) officers over their role in illegal construction of Supertech's two 40-storey towers in Noida, according to an official statement.

Oct 03, 2021, 22:39 PM IST

Supertech twin-tower case: Real estate firm pays Rs 2 crore to RWA on Supreme Court’s order

Supertech on Wednesday paid Rs 2 crore to RWA on a Supreme Court's order. 

Oct 01, 2021, 11:46 AM IST

Delhi HC stays 3-year jail to Supertech MD, directs firm to pay Rs 50 lakh to homebuyer

Justice Amit Bansal ordered Supertech to deposit Rs 50 lakh in the home buyer's account within a week. 

Sep 25, 2021, 09:53 AM IST