Supertech Group

A Delhi court on Friday extended the interim bail to RK Arora, the chairman and promoter of realty major Supertech Group, in a money laundering case by a month on medical grounds.

A Delhi court on Tuesday granted interim bail to R K Arora, the chairman and promoter of realty major Supertech Group, for a month on medical grounds in a money laundering case.

A Delhi court has denied 'default bail' to RK Arora, the chairman and promoter of real estate major Supertech Group, in a money laundering case.

The Enforcement Directorate (ED) on Wednesday alleged RK Arora, owner of real estate company Supertech, was the group's main controlling person who decided to "divert" investors and homebuyers money worth crores of rupees to various shell companies.

RK Arora, the promoter of real estate group Supertech, has been arrested by the Enforcement Directorate in an alleged money laundering case, sources said.

The Gautam Buddh Nagar district administration has sealed the office of real estate major Supertech Group in Noida over dues, officials said on Wednesday.

Assets worth more than Rs 40 crore of real estate group Supertech and its directors have been attached under the anti-money laundering law, the Enforcement Directorate (ED) said on Wednesday.

Residents of Emerald Court housing society in Noida on Saturday said they would object to any attempt by builder Supertech Group to construct another housing tower at the spot where the illegal twin towers existed and would move court once again.

The non-payment of around Rs 432 crore in dues led to India's bankruptcy court ordering insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group, documents showed on Friday.

Resources can be mobilised immediately for demolition of real estate group Supertech's illegal 40-storey twin-towers so that the process to raze them can begin from February 20, the Noida Authority said to Supertech and Edifice Engineering.

Real estate group Supertech on Sunday said it has signed a pact with Mumbai-based Edifice Engineering, and an advance payment has been made to it for demolition of illegal twin towers in Noida, in compliance with the Supreme Court order.

The Enforcement Directorate today conducted raids on multiple premises of real estate group Supertech in connection with a money laundering investigation, officials said.

The Supertech Group has informed the New Okhla Industrial Development Authority (NOIDA) that it would require more than the stipulated three months time to demolish its two multi-storey illegal towers in the city, sources said on Friday.

It was the relentless pursuit of justice over a decade by a group of senior citizens that resulted in the Supreme Court's Tuesday order for demolition of the illegal 40-storey twin towers of real estate group Supertech in Noida.

Realty firm Supertech on Tuesday said it has raised Rs 400 crore from the private equity firm Xander to finance its upcoming township and housing projects in Gurgaon.

A Delhi court on Friday extended the interim bail to RK Arora, the chairman and promoter of realty major Supertech Group, in a money laundering case by a month on medical grounds.

A Delhi court on Tuesday granted interim bail to R K Arora, the chairman and promoter of realty major Supertech Group, for a month on medical grounds in a money laundering case.

A Delhi court has denied 'default bail' to RK Arora, the chairman and promoter of real estate major Supertech Group, in a money laundering case.

The Enforcement Directorate (ED) on Wednesday alleged RK Arora, owner of real estate company Supertech, was the group's main controlling person who decided to "divert" investors and homebuyers money worth crores of rupees to various shell companies.

RK Arora, the promoter of real estate group Supertech, has been arrested by the Enforcement Directorate in an alleged money laundering case, sources said.

The Gautam Buddh Nagar district administration has sealed the office of real estate major Supertech Group in Noida over dues, officials said on Wednesday.

Assets worth more than Rs 40 crore of real estate group Supertech and its directors have been attached under the anti-money laundering law, the Enforcement Directorate (ED) said on Wednesday.

Residents of Emerald Court housing society in Noida on Saturday said they would object to any attempt by builder Supertech Group to construct another housing tower at the spot where the illegal twin towers existed and would move court once again.

The non-payment of around Rs 432 crore in dues led to India's bankruptcy court ordering insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group, documents showed on Friday.

Resources can be mobilised immediately for demolition of real estate group Supertech's illegal 40-storey twin-towers so that the process to raze them can begin from February 20, the Noida Authority said to Supertech and Edifice Engineering.

Real estate group Supertech on Sunday said it has signed a pact with Mumbai-based Edifice Engineering, and an advance payment has been made to it for demolition of illegal twin towers in Noida, in compliance with the Supreme Court order.

The Enforcement Directorate today conducted raids on multiple premises of real estate group Supertech in connection with a money laundering investigation, officials said.

The Supertech Group has informed the New Okhla Industrial Development Authority (NOIDA) that it would require more than the stipulated three months time to demolish its two multi-storey illegal towers in the city, sources said on Friday.

It was the relentless pursuit of justice over a decade by a group of senior citizens that resulted in the Supreme Court's Tuesday order for demolition of the illegal 40-storey twin towers of real estate group Supertech in Noida.

Realty firm Supertech on Tuesday said it has raised Rs 400 crore from the private equity firm Xander to finance its upcoming township and housing projects in Gurgaon.