Tag: #Supertech

NCLAT Designates NBCC as PMC to Complete 16 Supertech Projects

December 13, 2024

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) in New Delhi has designated NBCC (India) as the Project Management Consultant (PMC) for the completion of 16 Supertech projects. These projects encompass approximately 49,748 housing units spread across Uttar Pradesh, Uttarakhand, Haryana, and Karnataka. The estimated construction cost for completing these projects stands at approximately […]

NCLAT Designates NBCC as PMC to Complete 16 Supertech Projectsmore

SC rejects request to initiate insolvency proceedings for the whole Supertech group.

May 12, 2023

NEW DELHI: The Supreme Court ordered on Thursday in its interim order that only one of Real estate giant Supertech’s projects—Eco Village 2 in Greater Noida West—would be dealt with under the Insolvency and Bankruptcy Code (IBC), noting that doing so would “cause immense hardship” and “uncertainty” to homebuyers. A bench of Justices Dinesh Maheshwari […]

SC rejects request to initiate insolvency proceedings for the whole Supertech group.more
High Court

Greater Noida: 25 construction projects are illegally extracting groundwater.

October 12, 2022

A National Green Tribunal (NGT) team discovered that 25 building projects in Greater Noida were extracting groundwater without government permission. The committee, which included the Noida district magistrate and officials from the state and central pollution control boards, was formed in July in response to allegations that 63 projects owned by 40 different builders were […]

Greater Noida: 25 construction projects are illegally extracting groundwater.more
Finance

Realty firm Supertech applies for last-mile funding of Rs 1,500 cr.

January 6, 2020

Supertech, a real estate company, said on January 5th, that they sought Rs 1,500 crore from the newly established government Stress Fund to complete their 12 ongoing housing projects in Noida and Greater Noida in Uttar Pradesh. The firm said the 12 projects consisting of 20,000 flats are in an advanced stage and that last […]

Realty firm Supertech applies for last-mile funding of Rs 1,500 cr.more