SC issues notice to demolish Supertech twin towers in Noida

01 Sep 2021 CW Team

The Supreme Court's order to demolish Supertech's twin towers in Noida was hailed by homebuyers' group FPCE on Tuesday, who said the decision would deter both builders and development authorities from wrongdoing.

The Forum for People's Collective Efforts (FPCE) was instrumental in the passage and implementation of the Real Estate Reform Act (RERA) in all 50 states.

The Supreme Court on Tuesday ordered the demolition of twin 40-storey towers in Supertech Ltd's Emerald Court project in Noida for violating building by-laws in collusion with authority officials, dealing a blow to the real estate giant. Apex and Ceyane, two towers of Supertech's Emerald Court Project in Sector 93, have a total of 915 apartments and 21 shops.

The apex court also ordered that home buyers' deposits be refunded with 12% interest from the time of booking and that the Residents Welfare Association be compensated with Rs 2 crore for the harassment caused by the twin towers' construction.

Homebuyers must be refunded their money, plus interest, by the judgement, according to FPCE President Abhay Upadhyay, who told the media that they should not have to chase their money down.

The Rs 2 crore compensation awarded to the Resident Welfare Association is also unprecedented, and it will undoubtedly encourage and motivate others to pursue legal action against builders for any wrongdoing involving common areas, as well as missing facilities and amenities.

The judgement, according to Nishit Dhruva, Managing Partner, MDP and Partners, Lawyers and Solicitors, is a wake-up call for builders not to act on sanctioned plans that are shrouded in suspicion, as well as for planning authorities to maintain the integrity attached to their office.

Image Source

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..