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ECO VILLAGE II
Bankruptcy-bound Supertech gives possession of 6k flats in last 3 years; 15k buyers still stuckDespite facing insolvency proceedings, Supertech Ltd has delivered 6,121 apartments across 16 projects in the last three years. The company...
Supreme Court allows NCLAT to consider NBCC proposal for 17 stalled projects of Supertech LtdThe Supreme Court permits the National Company Law Appellate Tribunal (NCLAT) to assess NBCC's proposal to complete Supertech Ltd's 17 stal...
NBCC moves SC to complete stalled projects of realty major Supertech LtdThe state-owned NBCC has approached the Supreme Court to complete Supertech Limited's 17 stalled projects, affecting around 27,000 homebuye...
Delhi HC quashes lookout circulars against Supertech Realtors director issued by banks, upholds right to travelThe Delhi High Court has set aside lookout circulars (LoCs) issued against Supertech Realtors director Mohit Arora by the Bureau of Immigra...
Supertech plans to raise Rs 1,600 cr by July to complete 18 ongoing housing projects in NCR: Chairman"This proposed interim funding will be utilised for construction. The collections from sold units and units to be sold will be used to clea...
SC refuses to interfere with NCLAT order allowing Supertech's promoters to complete projectsThe court was hearing two appeals filed by the Union Bank of India and Indiabulls Asset Reconstruction Company Ltd respectively, being the ...
Supertech to raise over Rs 1,200 cr for the completion of stuck projectsRealty developer Supertech will raise Rs 12,00-1,600 crore from OakTree financial to complete the stuck projects, Mohit Arora, Managing Dir...
NCLAT limits Supertech’s insolvency to one projectThe proceedings against realty developer Supertech was initiated for default on payment of Rs 431 crore to a consortium of banks. The order...
NCLAT stays formation of committee of creditors to overtake Supertech groupOn the appeal filed by R K Arora, chairman of Supertech Group, NCLAT has issued notice to parties. The IRP appointed by the NCLT will not f...
Supertech raises Rs 350 crore from L&T Finance for housing project"We have raised Rs 350 crore from L&T Finance for our Eco Village-I project at Noida Extension," Supertech Managing Director Mohit Arora to...
Startup Village set to launch 2nd phaseThe 'Startup India' programme, to be launched on January 16th, is Prime Minister Narendra Modi's ambitious project to strengthen entreprene...
NCR builders claim to follow NGT ordersThe areas identified are two-km stretch from NH-24 to Char Murti Chowk in Noida Extension and Golf Course, Gurgaon, on either side of the r...
- Use existing laws to protect Western Ghats: Environmentalists
Environmentalists from the southern Maharashtra have demanded that the existing laws should be effectively used to protect the ecologically...
BJP to review two reports on mining if voted to power: Manohar ParrikarThe BJP has said it will review two controversial reports related to the mining industry in Goa if it is voted to power at the Centre.
Reduce defence budget, fund toilets: Jairam RameshUnion rural development minister Jairam Ramesh could not resist taking a couple of jocular swipes at the huge annual funds allocated to the...
Week's reprieve no relief for buyersFear of losing investments is not the only worry, the buyers are feeling absolutely helpless as no certainty so far on their investment or ...
- Builders of Noida Extension ready to refund money to homebuyers; interest rate suspense lingers
The builders - Supertech, Mahagun, Gaursons, Gulshan Homz, Ajnara & Panchsheel Greens - claimed they had not received any refund applicatio...
- Kept hanging by builders, Greater Noida buyers can go to court
Senior advocate Mukul Rohtagi says the best option for the buyer is to “work out his rights with the developer” . But some feel the court s...
- Panasonic to set up "Eco Idea factory" at Jhajjar
Panasonic will set up its first "Eco Idea factory" in India at Dadritoi village of Haryana's Jhajjar district at an investment of about Rs ...
- Sikkim launches Green Mission III to increase forest cover
To give a fillip to eco-tourism in the state, Sikkim has launched the third stage of its green mission.