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Noida's Supertech Twin Towers got demolished today
Residents say that this dispute started with a very small issue. Read on:
Residents say that this dispute started with a very small issue. Read on:
Initially, the twin towers (taller than Qutub Minar) weren't a part of the sanctioned plan
Flats facing the open area (later on where twin towers got developed) were charged
a Preferred Location Charge (PLC)
Flats facing the open area (later on where twin towers got developed) were charged
a Preferred Location Charge (PLC)
When the builder started building towers over the open area, a few buyers, who were charged the PLC, revolted
PLC can vary between 3%-20% of the flat price
Their protested was justified
PLC can vary between 3%-20% of the flat price
Their protested was justified
[BREAKING]
Supertech builders asks the Supreme Court to defer the date of NOIDA Twin Tower demolition by another three months. The blast is scheduled on May 22, 2022
#SupremeCourt @Supertechltd
Supertech builders asks the Supreme Court to defer the date of NOIDA Twin Tower demolition by another three months. The blast is scheduled on May 22, 2022
#SupremeCourt @Supertechltd
Counsel for home buyers strongly object
Insolvency Resolution Professional says the suggestion of deferring the blast of twin towers will be safe after 3 months and that expert opinion suggestion has been sought
Justice DY Chandrachud: this is nothing but an attempt to delay
Insolvency Resolution Professional says the suggestion of deferring the blast of twin towers will be safe after 3 months and that expert opinion suggestion has been sought
Justice DY Chandrachud: this is nothing but an attempt to delay
Amicus Adv Gaurav Aggarwal: if its about safety, then the extension may be granted. A status report can be called on last week of July. #twintower
