By Accommodation Times News Services
Allahabad High Court on 11th April ordered to demolish two 40 storey towers in Noida constructed by Supertech realty firm, following the orders Noida authorities have sealed the towers. The court orders are in subject to a petition filled that alleges their construction had violated the law.
The duo towers Apex and Ceyane consist total 857 apartments, out of which 600 are sold and are a part of Supertech’s Emerald Court project. Court has instructed the firm to refund the money to the home buyers, with 14 per cent interest compounded annually.
As per the petition filled by the Emerald Court Owners Resident Welfare Association, alleged that the approval and construction of the two towers was in complete violation of the UP Apartment Acts. It claimed that Noida Authority had given permission to raise the height of the two towers, which were supposed to have only 24 floors, without maintaining the mandatory distance of 16 metres from an adjoining building block, making it unsafe, apart from blocking air and light.
Supertech, which has suffered a major setback with this decision, will move the Supreme Court in the next week challenging the high court order, Chairman and Managing Director R K Arora had said.
The firm is claiming that the construction of the towers was according to the approved plan and was authorised. Hundreds of affected buyers held protests against the company and the high court order earlier this week.