+
Supertech settles 32 recovery certificates issued by UP-RERA
Real Estate

Supertech settles 32 recovery certificates issued by UP-RERA

Supertech, a significant player in the real estate industry, has notified the administration that it has paid 32 recovery certificates issued by UP-Rera for Rs 7.6 crore. Furthermore, it claimed to have given the administration Rs 3 crore.

Supertech stated in a letter that it was making every attempt to amicably resolve any outstanding issues with the allottees by providing them with substitute units or other amenities. It requested that the administration halt the RC actions being taken against it.

On May 8, the SDM in Dadri summoned Supertech chairperson RK Arora to discuss 52 RCs granted by Rera valued 260 million. This has to do with the residential development known as Gold Country, which is in Sector 22D of the Yamuna Authority region.

The developer had 2,000 apartments in mind when work on the project got underway in 2012. However, a few farmers and landowners petitioned the Allahabad high court and obtained a halt to the land distribution.

Supertech, a significant player in the real estate industry, has notified the administration that it has paid 32 recovery certificates issued by UP-Rera for Rs 7.6 crore. Furthermore, it claimed to have given the administration Rs 3 crore. Supertech stated in a letter that it was making every attempt to amicably resolve any outstanding issues with the allottees by providing them with substitute units or other amenities. It requested that the administration halt the RC actions being taken against it. On May 8, the SDM in Dadri summoned Supertech chairperson RK Arora to discuss 52 RCs granted by Rera valued 260 million. This has to do with the residential development known as Gold Country, which is in Sector 22D of the Yamuna Authority region. The developer had 2,000 apartments in mind when work on the project got underway in 2012. However, a few farmers and landowners petitioned the Allahabad high court and obtained a halt to the land distribution.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code