Connect with us


SC stops demolition of Noida towers, Supertech, buyers to maintain status quo


The Apex court on May 5 ordered status quo on an order to demolish Supertech’s two under-construction 40-storey towers in the real estate firm’s Emerald Court project.

A bench headed by Chief Justice RM Lodha issued notices on a batch of petitions by the builder, Noida Authority and the home buyers, and asked parties to maintain status quo in all respect.

The bench, while questioning the sanction plan by the authority to raise 40 floors on an area that initially had a sanction only for 9 floors, restrained Supertech from alienating any part of the buildings or creating any form of third party interests.

The court order came while hearing the builder’s plea for immediately staying the Allahabad High Cour order on demolition of towers Apex and Ceyane – be immediately stayed.

Real estate developer Supertech has also filed an appeal against the high court’s verdict. The two towers have 857 apartments in total. Of these, about 600 flats have already been sold.


In the petition, the firm has claimed that the two towers were being constructed as per “approved building plans” and “there is no violation”.

Latest News

News8 hours ago

UP Real Estate Appellate Tribunal’s “Online Justice Delivery System” awarded for Innovative Technology for Smart Governance by Computer Society of India

U.P. Real Estate Appellate Tribunal’s “Online Justice Delivery System” has been awarded for Innovative Technology for Smart Governance and selected...

News1 day ago

52% NRIs see Indian commercial properties emerging as a new asset class

The Indian real estate segment demonstrates an upward trajectory with the projection to exhibit a growth rate of 9.2% CAGR...

Guest Column1 day ago

Welspun Gp acquires Sintex BAPL

Mumbai, March 30, 2023: Welspun Group has acquired the plastic industry market leader, Sintex.  Sintex’s auto business already has a...

New Launches1 day ago

Naiknavare Developers launches Avasa, new vertical of structured plots; commences e-commerce platform designed for plotting

Pune, March 30, 2023: Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Pune, Mumbai, and Goa, today announced it...

News1 day ago

Residential demand up 14.2%, supply grew 1.9% YoY: Magicbricks PropIndex Report, Jan-Mar’23

New Delhi/Noida, March 30, 2023: Continuing on the path of resilience and overall growth, India’s residential demand increased 14.2% and...

News1 day ago

Mahindra Life transacts with Alliance Gp for 9.24 acres at Mahindra World City, Chennai

New Delhi, March 29, 2023: Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development business of the Mahindra...