The 40-storey twin towers project, constructed in Uttar Pradesh's Noida by real estate firm Supertech, will be demolished over the violation of construction by-laws, said Supreme Court on Tuesday. The court verdict said that the construction of the twin towers containing around 1,000 flats was done in violation of the rules and must be razed within a period of two months by Supertech at its own cost. The order also said that real estate firm Supertech has to reimburse the booking money to all the flat owners within two months, with 12 per cent interest.
https://economictimes.indiatimes.com/industry/services/property-/-cstruction/noida-sc-orders-demolition-of-supertech-twin-towers-directs-firm-to-refund-home-buyers-with-12-interest/videoshow/85795664.cms
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