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Apex court asks Supertech to refund money to flat owners of Apex and Ceyane towers in Noida which were directed to be demolished by Allahabad High Court.
The Supreme court rules out, "Allottees are entitled for the amount as it is their hard earned money and they can’t keep moving court. Supertech to give back within a month the principal amount to those allottees who had applied for refund".
The court also asked Supertech to allot another flat to allottees who did not want to get a refund.
The Allahabad High Court in April ordered the demolition of two 40-storey towers of real estate firm Supertech for illegal construction. The residential towers were part of the Emerald Court Project in Sector 93 A, Noida. They are unoccupied.
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