Supertech Emerald Court’s resident welfare association (RWA) on Wednesday welcomed the Supreme Court order directing the developer to refund the principal amount within a month and pay 14% compound interest by October 30 to those buyers who want to exit from the twin towers.
The Supreme Court on Wednesday asked realty company Supertech to refund within 30 days the principal amount paid by the 53 allottees of the Emarald Court Twin Tower project in Noida, who had applied for their money by April 30.
A man was burnt to death when his car caught fire on Noida-Greater Noida expressway on Saturday evening. The cause of the fire is not known yet but cops suspect that a short circuit might have caused the fire.
Mercy petitions of six death row convicts including Surendra Koli, found guilty in the sensational Nithari serial rapes and killings, have been rejected by President Pranab Mukherjee.
Thousands of buyers waiting to take possession of their flats in Noida suffered a setback Tuesday as the Supreme Court declined to interfere with a National Green Tribunal (NGT) order restraining the Noida Development Authority from issuing completion certificates for nearly 30,000 apartments built near the Okhla Bird Sanctuary.
The Noida authority on Wednesday said that it will de-seal Supertech’s two sealed towers for next three days following the Supreme Court’s instructions.
Buying a house or any residential property in Noida will now be a costlier affair, as the Noida and Yamuna Expressway authorities decided to hike the land allotment rate up to 10-12% at a board meeting on Monday.