Bringing relief to thousands of homebuyers who have been waiting for possession of their delayed homes for more than a decade, the Supreme Court on February 5 upheld NCLAT’s order directing the government’s construction arm, NBCC, to complete 16 housing projects of the debt-ridden real estate firm Supertech expeditiously. First and foremost consideration is to […]
The Supreme Court directed a forensic audit of Supertech Realtors and its parent company, appointed a three-member committee to take over and complete the stalled Supernova project in Noida, and fixed a “zero period” shielding homebuyers from any coercive recovery of dues by banks or the Noida Authority until the project is completed. (Photo for […]