Once completed, the Jewar Airport, formally known as the Noida International Airport (NIA), will decongest the Indira Gandhi International Airport in Delhi and give a major boost to the economy in Uttar Pradesh, one … READ FULL STORY
July 18, 2024: Real estate developer Supertech has proposed a resolution plan to the Greater Noida Authority aimed at settling dues totaling Rs 900 crore. The plan includes the request to facilitate the registry … READ FULL STORY
June 24, 2024: The Noida Authority has issued notices to 13 real estate developers, including ATS, Supertech and Logix, demanding proposals for the settlement of their dues within 15 days. These notices, issued on … READ FULL STORY
June 20, 2024: Due to repeated defaults on land cost payments by builders ATS Realty and Supertech Township Project, the Yamuna Expressway Industrial Development Authority (Yeida) plans to partially cancel their land allotments. In … READ FULL STORY
June 18, 2024: The National Company Law Tribunal (NCLT) has commenced insolvency proceedings against Supertech Realtors, the developer behind the Supernova project which includes residential apartments, office spaces, retail outlets and a luxury hotel. … READ FULL STORY
June 28, 2023: The Enforcement Directorate (ED) on June 27, 2023, arrested RK Arora, chairman of real estate developer Supertech and the chairperson of National Real Estate Development Council (Naredco), from his Delhi office. … READ FULL STORY
May 12, 2023: Developer Supertech plans to raise Rs 1,600 crore from investment firm OakTree Financial to complete stuck projects, company managing director Mohit Arora told media. According to Supertech chairman RK Arora, the … READ FULL STORY
The National Capital Region (NCR) comprises of the entire NCT of Delhi, eight districts of Haryana, one district of Rajasthan and five districts of Uttar Pradesh. With real estate developments witnessing rapid growth in … READ FULL STORY
The Enforcement Directorate (ED) on April 11, 2023, provisionally attached 25 immovable properties owned by real estate developer Supertech Group of Companies and its directors. Worth Rs 40.39 crore, these properties are spread across … READ FULL STORY
Supertech’s twin residential towers in Noida’s Emerald Court housing society were demolished at 2:30 PM on August 28, 2022. The taking-down of the twin towers came a year after the Supreme Court (SC) ordered the … READ FULL STORY
A decision to allow a ‘zero period’ benefit to builders, has been taken at a meeting of the Uttar Pradesh cabinet chaired by chief minister Yogi Adityanath, on December 3, 2019. Under the benefit, … READ FULL STORY
Bengaluru-based Sobha Limited has maintained its leadership position in the Track2Realty Best Practices Report 2019, which evaluates the best practices being followed in Indian real estate. Sobha improved its performance, compared to first study … READ FULL STORY
Noida’s real estate market has performed better in H1 CY18, compared to the previous year, in terms of unit sales. Although new launches reduced by 10 per cent over last year, total sales jumped … READ FULL STORY
