[ecis2016.org] In an order that could affect home buyers in Supertech’s Czar Suites project in Greater Noida, the Allahabad High Court has stayed the allotment of more than 1,000 flats, over allegations of irregularities in obtaining sanctions for the project
The Allahabad High Court, on January 11, 2017, stayed the allotment of more than 1,000 flats in Supertech Czar Suites luxury apartments at Greater Noida, after allegations that proper sanction was not obtained for their construction. A division bench comprising chief justice DB Bhosale and Justice Yashwant Verma, passed the order on a petition filed by VK Sharma and eight others, who had invested in the housing project. The petitioners moved the court, alleging that the housing project, coming up in Sector Omnicon 1 of Greater Noida, was launched in 2007 with a sanction for only 844 flats from the Greater Noida Authority.
You are reading: HC stays allotment of 1,000 flats in Supertech’s Greater Noida project
Read also : How will Mumbai Metro impact the real estate market in the city?
[ecis2016.org] Supertech to SC: Not been able to raise funds due to note ban
However, according to the petitioners, the builders went on to construct a total of 1,904 flats and applied for a revised sanction afterwards, with a view to getting the ‘illegal’ constructions legalised.
Fixing February 8, 2017, as the next date of hearing in the matter, the court directed the Greater Noida Authority not to issue the certificate of completion to Supertech and take appropriate action in accordance with law.
Read also : Budget 2021: Six benefits for the real estate sector and buyers
The court directed that none of the buyers of the flats in question be given possession for the same and cases of possession having been already given, shall be subject to the outcome of the writ petition.
The court also asked the Greater Noida Authority to ensure presence of one of its officers on the next date of hearing, to assist the court with facts relating to the case.
Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org
Source: https://ecis2016.org
Category: Lifestyle