Days after the country's demolition of the twin towers in Noida, Supertech Limited said the land of the demolished twin towers will be used for another residential project after getting the due approval from the Noida Authority and consent from the homebuyers of Emerald Court. The twin towers were demolished ending the nine-year saga.
“The building plans of the Project including the two towers were approved by the Noida Authority in 2009 which was strictly in accordance with the then prevailing Building byelaws. No deviation from the Building Plan was made and the building was constructed after making full payment to the Authority. Now both the towers are demolished and we had paid the demolition cost of Rs 17.5 crore.
Arora added that they have refunded 95 percent of the homebuyers of the twin towers. “Remaining five percent of the people who are left - we are either giving them property or returning the money with interest and fully complying with the order of the Supreme Court,” he added.
