In a major blow to real estate company Supertech, the Supreme Court (SC) on Tuesday directed the demolition of its two 40-storey buildings in one of its housing projects in Noida.
The apex court also observed that home buyers suffer the impact of “unholy nexus of builders and planners”, when the latter breach their obligation to ensure compliance with building regulations, which is a violation of law.
A bench of justice DY Chandrachud and justice MR Shah says there was collusion between Noida authority and Supertech, while allowing construction of two towers in one of its projects in Noida. The bench said, Noida authority gave permission to Supertech to construct two additional 40-floor towers in violation of the rules and directed that demolition should be carried out within three months.
News Source : Economic Times