Supreme Court directs Supertech to refund money of flat owners

In a decision that could have far-reaching impact for the realty sector, the Supreme Court came down firmly on the side of homebuyers, insisting that developer Supertech has to repay them with interest for apartments they bought in a Noida project that the Allahabad High Court ordered razed for violating rules.


Disclaimer

The information in this private circulation is not legal advice and should not be treated as such. The information is taken from public domain and is purely for private and non- commercial purposes. We do not represent that the information is correct, accurate, complete or non- misleading.

This disclaimer will be governed by and construed in accordance with laws of India, and any disputes relating to this disclaimer will be subject to the exclusive jurisdiction of the courts of the Republic of India.

Leave your comment

*

code