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Top Court Stays Order Asking Public Sector Company To Build Stalled Supertech Homes
The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd's 16 housing projects at nearly Rs 9,500 crore cost.
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Supertech Plans To Raise Rs 1,600 Crore By July To Complete 18 Projects In Delhi-NCR
Realty firm Supertech Ltd plans to raise around Rs 1,600 crore from institutional investors by July to complete its 18 ongoing housing projects across Delhi-NCR, its Chairman RK Arora said.
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After Twin Towers Demolition, Supertech Eyes New Project On Noida Site
Realty firm Supertech Ltd, which incurred a loss of about Rs 500 crore from the demolition of its twin towers, wants to develop a new housing project at the same place.
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Supertech Says It Lost Rs 500 Crore In Demolition Of Noida Twin Towers
Realty firm Supertech Ltd has incurred a loss of about Rs 500 crore, including construction and interest costs, because of the demolition of its twin towers in Noida, the company's chairman RK Arora said on Sunday.
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Lender Seeks Better Settlement Plan From Debt-Ridden Supertech
Debt-ridden Supertech Ltd's lender Union Bank of India has asked it to come up with a settlement plan that entails "definite upfront payment" of dues
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Developer Supertech's Rs 432 Crore Default Led To Bankruptcy Order
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.
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Noida Supertech Twin Towers' Demolition By May 22, Supreme Court Told
On February 7, the Supreme Court had directed that the demolition of the twin towers built by real-estate major Supertech Ltd in violation of norms at its Emerald Court project in Noida should start within two weeks.
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Refund With Interest Homebuyers Of To-Be-Razed Towers: Supreme Court
The Supreme Court on Friday directed the realty major Supertech Ltd to refund the money with interest to all home-buyers, who have booked flats in now to be razed 40-storey twin towers of Emerald Court project by February 28.
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No Relief For Supertech: Supreme Court Refuses To Modify Demolition Order
Supreme Court dismissed an application moved by Supertech Ltd seeking modification of direction to raze the realty firm's twin 40-storey towers in Noida and allowing it to only partially demolish 224 flats of one tower.
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As Real Estate Firms Go Bust, Supreme Court Upholds Homebuyers' Rights
The Supreme Court upheld the ability of homebuyers to drag property developers into bankruptcy proceedings as several real estate firms are going bust in Asia's third-largest economy.
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Court Refuses To End Criminal Proceedings Against Top Supertech Officials
A Delhi court has refused to quash criminal proceedings against three top officials of real estate major Supertech Ltd for allegedly cheating a man who had booked his dream flat in one of its projects in Greater Noida. Additional Sessions Judge RK Tripathi dismissed the revision petition filed by Managing Director RK Arora, Director GL Khera and Ma...
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Supreme Court Asks Supertech To Deposit Rs 10 Crore More
The Supreme Court directed real estate major Supertech Ltd to deposit Rs 10 crore to refund those home buyers who want to wriggle out of the disputed Emerald Court project, two towers of which have been found to be non-compliant of building laws by NBCC.
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Supertech To Enter Healthcare Sector, Invest Rs 300 Crore
Realty firm Supertech Ltd said it will enter into the healthcare sector and invest Rs 300 crore to open four hospitals in the next 3-4 years.
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Parsvnath Sells Township Project in Gurgaon for About Rs 700 Crore: Report
In a filing to the BSE, Parsvnath Developers has informed that "the company has entered into a transaction with Supertech Ltd, in terms of which the company has transferred the development rights held by it in the township project at Sohna Road, Gurgaon".
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Supertech Case: Supreme Court Agrees to Examine Plea, Orders Status Quo in Noida
The Supreme Court today agreed to examine real estate major Supertech Ltd's plea against the Allahabad High Court's order directing demolition of two 40-floor towers in Noida and ordered the company not to sell or transfer flats in the buildings.
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Top Court Stays Order Asking Public Sector Company To Build Stalled Supertech Homes
The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd's 16 housing projects at nearly Rs 9,500 crore cost.
-
Supertech Plans To Raise Rs 1,600 Crore By July To Complete 18 Projects In Delhi-NCR
Realty firm Supertech Ltd plans to raise around Rs 1,600 crore from institutional investors by July to complete its 18 ongoing housing projects across Delhi-NCR, its Chairman RK Arora said.
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After Twin Towers Demolition, Supertech Eyes New Project On Noida Site
Realty firm Supertech Ltd, which incurred a loss of about Rs 500 crore from the demolition of its twin towers, wants to develop a new housing project at the same place.
-
Supertech Says It Lost Rs 500 Crore In Demolition Of Noida Twin Towers
Realty firm Supertech Ltd has incurred a loss of about Rs 500 crore, including construction and interest costs, because of the demolition of its twin towers in Noida, the company's chairman RK Arora said on Sunday.
-
Lender Seeks Better Settlement Plan From Debt-Ridden Supertech
Debt-ridden Supertech Ltd's lender Union Bank of India has asked it to come up with a settlement plan that entails "definite upfront payment" of dues
-
Developer Supertech's Rs 432 Crore Default Led To Bankruptcy Order
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.
-
Noida Supertech Twin Towers' Demolition By May 22, Supreme Court Told
On February 7, the Supreme Court had directed that the demolition of the twin towers built by real-estate major Supertech Ltd in violation of norms at its Emerald Court project in Noida should start within two weeks.
-
Refund With Interest Homebuyers Of To-Be-Razed Towers: Supreme Court
The Supreme Court on Friday directed the realty major Supertech Ltd to refund the money with interest to all home-buyers, who have booked flats in now to be razed 40-storey twin towers of Emerald Court project by February 28.
-
No Relief For Supertech: Supreme Court Refuses To Modify Demolition Order
Supreme Court dismissed an application moved by Supertech Ltd seeking modification of direction to raze the realty firm's twin 40-storey towers in Noida and allowing it to only partially demolish 224 flats of one tower.
-
As Real Estate Firms Go Bust, Supreme Court Upholds Homebuyers' Rights
The Supreme Court upheld the ability of homebuyers to drag property developers into bankruptcy proceedings as several real estate firms are going bust in Asia's third-largest economy.
-
Court Refuses To End Criminal Proceedings Against Top Supertech Officials
A Delhi court has refused to quash criminal proceedings against three top officials of real estate major Supertech Ltd for allegedly cheating a man who had booked his dream flat in one of its projects in Greater Noida. Additional Sessions Judge RK Tripathi dismissed the revision petition filed by Managing Director RK Arora, Director GL Khera and Ma...
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Supreme Court Asks Supertech To Deposit Rs 10 Crore More
The Supreme Court directed real estate major Supertech Ltd to deposit Rs 10 crore to refund those home buyers who want to wriggle out of the disputed Emerald Court project, two towers of which have been found to be non-compliant of building laws by NBCC.
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Supertech To Enter Healthcare Sector, Invest Rs 300 Crore
Realty firm Supertech Ltd said it will enter into the healthcare sector and invest Rs 300 crore to open four hospitals in the next 3-4 years.
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Parsvnath Sells Township Project in Gurgaon for About Rs 700 Crore: Report
In a filing to the BSE, Parsvnath Developers has informed that "the company has entered into a transaction with Supertech Ltd, in terms of which the company has transferred the development rights held by it in the township project at Sohna Road, Gurgaon".
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Supertech Case: Supreme Court Agrees to Examine Plea, Orders Status Quo in Noida
The Supreme Court today agreed to examine real estate major Supertech Ltd's plea against the Allahabad High Court's order directing demolition of two 40-floor towers in Noida and ordered the company not to sell or transfer flats in the buildings.
