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SC Deadline To Supertech For Refunding Homebuyers Ends Today
Posted
January 17, 2022
Views
76
January 17, 2022
76
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4:42Now PlayingThe real estate business Supertech has until Monday to repay money to homebuyers of the illegal twin skyscraper, failing which the Supreme Court may sentence its directors to prison for non-compliance. The Supreme Court had already urged the developers to stick to the agreed-upon timeline for dismantling the Emerald Court project's 40-story twin buildings in Noida, Uttar Pradesh. After more than four months, more than 250 homebuyers have yet to get their interest-bearing refunds. In light of this, the Supreme Court took a tough stance and ordered the Mumbai-based builders to pay up or face jail last week.
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