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Supertech’s 40-floor Residential Towers in Noida to be Demolished Within 3 Months, Supreme Court Cites ‘Builder-authority Collusion’
"All flat owners in the twin towers in Noida to be reimbursed along with 12% interest, Supreme Court orders Supertech", the apex court ordered.
New Delhi: The Supreme Court on Tuesday ordered the demolition of twin 40-floor residential towers built by Supertech in one of its housing projects in Noida, saying that construction was a result of the collusion between the officials of the Noida authority and the real estate company. The top court emphasized that there has been a rampant increase in unauthorised constructions in urban areas, which resulted from collusion between the developers and urban planning authorities and added that such violation of rules should be dealt with in a strict manner.
A two-member bench of Justices DY Chandrachud and MR Shah termed it an ‘unholy nexus’ between the builders and the Noida authorities. “Construction of the twin towers containing around 1,000 flats in Supertech Emerald Court in Noida were done in violation of the rules and must be razed within a period of two months by the real estate at its own cost”, the bench said.
Supreme Court orders demolition of two 40-floor towers built by real estate company Supertech in one of its housing projects in Noida; says construction was a result of the collusion between the officials of the Noida authority and Supertech pic.twitter.com/5Vx3rSmHCd
— ANI (@ANI) August 31, 2021
It also asked Supertech to reimburse all flat owners with 12% interest. “All flat owners in the twin towers in Noida to be reimbursed along with 12% interest, Supreme Court orders Supertech”, the apex court ordered. It also asked the builder to pay a cost of Rs 2 crore to the Resident Welfare Association.
The SC’s verdict came on appeals by Supertech and Noida authority challenging the Allahabad High Court verdict on April 11, 2014, to demolish two towers, Apex and Ceyane, constructed, which was part of Supertech’s Emerald Court project.
Earlier, this month the top court had slammed the Noida Authority for its “shocking exercise of power” in sanctioning two residential towers of real estate developer Supertech in a green area. The top court also pointed out that the authority blocked right to information requests from homebuyers about the building plans.
(With agency inputs)