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Supreme Court Halts NCLAT Order, NBCC Stalled Housing Projects Transfer on Hold

real estate news

Supreme Court Halts NCLAT Order, NBCC Stalled Housing Projects Transfer on Hold

The Supreme Court has stayed an NCLAT order that allowed NBCC to take over stalled housing projects. Supertech Limited, a prominent real-estate company, has been involved in the development of various housing projects in Noida, Greater Noida, and other ci

February 22, 2025
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NCLAT Appoints NBCC to Complete 16 Supertech Housing Projects in UP and Other States

real estate news

NCLAT Appoints NBCC to Complete 16 Supertech Housing Projects in UP and Other States

NBCC will take over and complete 16 housing projects with a total of 49,748 units in Uttar Pradesh, Uttarakhand, Haryana, and Karnataka. The tentative construction cost is significant, and the move aims to ensure timely completion and delivery to affected

December 12, 2024
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NCLAT Appoints NBCC as Consultant for Supertech's Housing Projects

Real Estate

NCLAT Appoints NBCC as Consultant for Supertech's Housing Projects

State-owned NBCC has been appointed as a project management consultant to complete Supertech Ltd's 16 real estate projects at a cost of nearly Rs 1,000 crore.

December 12, 2024
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Noida's Rise to Prominence: Can it Surpass Delhi and Gurugram as the Top Real Estate Hub?

Real Estate

Noida's Rise to Prominence: Can it Surpass Delhi and Gurugram as the Top Real Estate Hub?

Noida's real estate market is witnessing a significant transformation, with developers launching high-end projects worth over Rs 5 crore. This shift is driven by the city's growing popularity among homebuyers and investors.

October 5, 2024
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Supertech Township Gets Two Weeks to Finalize Settlement Proposal

Real Estate

Supertech Township Gets Two Weeks to Finalize Settlement Proposal

NCLAT grants two weeks time for Supertech Township's settlement proposal. Asks firm to publish it on its website so that it can be accessed by all stakeholders.

September 27, 2024
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NBCC Moves to Complete Stalled Supertech Projects, Affecting 27,000 Homebuyers

Real Estate

NBCC Moves to Complete Stalled Supertech Projects, Affecting 27,000 Homebuyers

India's stalled real estate projects have left around 500,000 housing units in limbo. NBCC's proposal to complete Supertech's projects could bring relief to 27,000 homebuyers.

September 26, 2024
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