The Supreme Court upheld an Allahabad high court order from 2014, ordering the demolition of twin towers in the group’s Noida-based housing project Emerald Court.
In its final order, the Supreme Court said that the demolition should be done within a period of two months, adding that Supertech will have to carry out the exercise at its own cost.
Additionally, every flat owner will have to be paid a reimbursement at an interest rate of 12 per cent.
In its judgment, the top court observed that the construction of the two towers, comprising total 1000 flats, was carried out illegally.
A two-judge bench of the apex court, comprising Justice DY Chandrachud and Justice MR Shah which, during the previous hearing, pulled up the Noida Authority for its “shocking use of power” in sanctioning the structures, observed in its final judgment that their construction was due to a “collusion” between officials of the Authority and Supertech.
In the last hearing, on August 5, the bench reserved its order over the demolition of the towers, named Apex and Ceyane.
