Noida Twin Towers

Photo: India TV News

3,700 Kg Explosives Installed To Destroy Noida’s 40-Storey Twin Towers

In Uttar Pradesh’s Noida, over 3,700 kg of explosives have been installed to destroy Supertech’s 40-storey twin towers. The explosives have been installed on every floor of the building, which will all be connected to wires. The layout and wiring is expected to be completed in two to three days. The demolition is expected to be concluded within nine seconds once it commences on August 28, at around 2:30 pm.

Wed, 24 Aug 2022 - 05:45 PM / by Shibu Immanuel S

Tags: Illegal Construction, Twin Towers, Uttar Pradesh, Noida, Supertech

Courtesy: ANI

40-Storey Twin Towers

Photo: Hindustan Times

Supertech's 40-Storey Twin Towers In Noida To Be Demolished On Aug 21

The New Okla Industrial Development Authority said that Supertech's 40-storey twin towers (Emerald project), will be demolished on August 21, over violations of building norms. The announcement has come after Supreme Court extended the deadline to demolish the structure, to August 28. The court held that it was "nefarious complicity" between the Noida authority and Supertech, and hence ordered the company to carry out the demolition at its… read-more

Wed, 08 Jun 2022 - 09:34 AM / by Shibu Immanuel S

Tags: Supreme Court, Noida, Okla Industrial Development Authority, Supertech, 40-Storey Building

Courtesy: ANI

Supertech towers

Photo: The Economic Times

Supertech Declared Insolvent, Home Buyers Affected

Property developer Supertech Ltd collapsed after the national Company Law Tribunal sent a petition filed by Union Bank of India for non-payment of dues. A statement released by Supertech cleared company's projects as financially viable, assuring no loss to buyers. Approximately 25,000 homebuyers are awaiting possession after insolvency. Furthermore, the company said, "The order will not affect operations of any other Supertech Group Company"… read-more

Sun, 27 Mar 2022 - 11:30 AM / by Rupsa Debnath

Tags: Supertech, property, Noida, Greater Noida, union bank of india

Courtesy: India Today

Supreme Court and 40-floor Twin Tower.

Photo: Live Law

Noida's 40-Floor Twin-Tower To Be Demolished, Says Supreme Court

The Supreme Court on August 31 ordered the authorities to demolish a 40-floor twin tower of real estate firm 'Supertech' in Noida within three months. However, the court's order came after almost 7 years following the demolition order issued by the Allahabad HC in 2014 due to lack of safety standards. Moreover, the order stated that the builder has to bear the expenses and also compensate the flat owners.

Wed, 01 Sep 2021 - 11:23 AM / by Brijesh Goswami

Tags: SC, Twin Towers, Noida, Supertech, demolition



Photo: The Property Times

Investors Clinic Offers Interest-Free House To Frontline Workers

Investors Clinic has collaborated with real estate developer Supertech to provide interest-free residential plots/apartments to the COVID-19 warriors. Reportedly, the projects located along Yamuna Expressway in Greater Noida will be given to eligible applicants at only 30% booking amount with 0% interest. Besides, the properties offered at below 30% market rate will provision 35 interest-free instalments. The eligibility list includes… read-more

Sat, 27 Feb 2021 - 07:47 PM / by Ronit John

Tags: Covid-19, Frontline Workers, Coronavirus, Investors Clinic, Supertech

Courtesy: The Economic Times