4 Supertech officials arrested for flouting pollution norms at site

Real estate group Supertech Ltd has been slapped with a fine of Rs five lakhs and four of its officials have been arrested, for violation of pollution norms, at its project in Sector 74 of Noida

Two concrete mixing plants of realty group Supertech were seized in Noida and four of its officials arrested, on February 21, 2019, for allegedly flouting the National Green Tribunal’s (NGT’s) norms on pollution, the Gautam Buddh Nagar administration said. The realty group was also slapped with a fine of Rs five lakhs by the NGT, for the violations at its project site in Sector 74 area, it said.

See also: India and Germany to collaborate, for implementation of the National Clean Air Programme

“The Supreme Court had clear directions to implement NGT’s guidelines. In pursuance of that, the action was taken against Supertech builders. They had one RMC plant working on a project premises and another just outside its boundary. They were operating illegally and violating the NGT order by production of dust, etc.,” city magistrate Shailendra Kumar Mishra said. Some other contractors were involved in the project, while it should have been their contractors. The no-objection certificates (NOCs) that were issued for some work, were not in the name of Supertech. These are major violations of the law, he said.

“The action was taken on directions of the district magistrate and such cases are reviewed by the administration on a weekly basis, to enforce the orders of the Supreme Court and the Central Pollution Control Board (CPCB),” he said. The district administration has warned action against anyone found flouting the apex court guidelines and norms set by the CPCB on controlling pollution.


SC directs Supertech to deposit Rs 20 crores in two installments, by November end

The Supreme Court has directed embattled real estate firm Supertech Ltd, to deposit Rs 20 crores in two tranches by November end, to refund money to the home buyers who had opted out of its project in Noida

July 31, 2018: The Supreme Court, on July 30, 2018, directed realty firm Supertech Ltd to deposit Rs seven crores by September 5, 2018, to refund 111 home buyers, who had taken loans from banks and opted out of its building project in Uttar Pradesh’s Noida area. A bench headed by chief justice Dipak Misra, asked the realtor to deposit the balance amount of Rs 13 crores by November end, to pay back the home buyers in its Emerald Towers project, comprising of two 40-storey residential buildings.

The apex court said as far as 24 home buyers, who are insisting on 14 per cent per annum interest are concerned, they are directed to accept the proposal, as per the calculation of the amicus curiae. Advocate Gaurav Agrawal, who has been appointed amicus curiae in the case, told the court that to satisfy the claim of 111 home buyers, an amount of Rs 35 crores was required to be deposited, out of which an amount of Rs 15 crores has already been deposited.

See also: Haryana real estate regulator serves notice on Supertech, for cheating home buyers

“A lump sum interest of Rs one crore shall be deposited before the registry of this court, within the said period, to compensate the delayed payment to the 111 + 24 buyers. The deposited amount, along with interest, shall be disbursed by the registry on a pro rata basis, with the assistance of Gaurav Agrawal. The registry shall disburse the amount within a period of 10 days hence,” the bench, also comprising justices AM Khanwilkar and DY Chandrachud said.

The court, in August 2017, had asked Supertech to deposit Rs 10 crores, for refunding the principal money to the investors who wanted to opt out of its Emerald Towers project. The bench was hearing pleas against the Allahabad High Court’s April 11, 2014, verdict, ordering demolition of the two 40-storey twin towers – Apex and Ceyane – in Noida and directing Supertech to refund money to home-buyers with 14 per cent interest in three months. The towers have 857 apartments, of which about 600 flats have already been sold.