In a groundbreaking development, the Supreme Court on Tuesday, August 31, ordered the demolition of Supertech Limited’s 40-storey twin towers in its Emerald Court property. The apex court ruled that the twin towers 16 and 17 were illegal and must be demolished within next three months. The cost of demolition of the twin towers will have to be borne by Supertech, the top court ruled.
A two-judge bench of Justice D.Y. Chandrachud and Justice M.R. Shah in its judgment also directed the builder to return the money collected from the homebuyers in two months. The Apex directs that demolition of Supertech's twin 40-storey towers be carried out within three months under NOIDA authority's supervision. With this judgment, the Supreme Court now upheld an earlier order of the Allahabad High Court which had ordered the demolition of the two towers. The top court further directed the builder to pay a cost of Rs 2 crore to the Resident Welfare Association.
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