SUPERTECH LIMITED EMERALD COURT BUYERS FROM HIGH RISE TOWERS PROTESTED

“The two towers in question, that we have a problem with, are being built on land allotted for a playground. At first, the developers said it was going to be 10 storeys high, then it became 24 and so on,” Raj Pal Tandon, member of Emerald Court Complex RWA, claimed. The High Court order came on a petition filed by the RWA.

Noida Authority, however refused to comment on the matter till they received a copy of the court order.

While the court has ordered that the money spent by investors for the two towers be refunded with “14 per cent interest compounded annually”, buyers expressed helplessness.

“Buyers should be given a flat in another legal project of Supertech. Builders can recover their loss in another project, but the buyers might not be able to buy a flat with the refund amount,” Annu Khan, president, Noida Extension Flat Owners and Members Association (NEFOMA), said.

The association will be holding a meeting with investors in the two towers on April 13 and have promised to agitate for their demands.