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Home > Forum > Noida > Real estate News > Stay on demolishing twin towers

Stay on demolishing twin towers

Q: It seems that the Supreme Court has put a stay on the demolition of the twin towers by super tech builders- discuss!!

supertech
court verdict
developers in delhi ncr
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Replies (3)
1
It seems that the first sanctioning was for 24 floors and then construction started only later on were the other 16 floors added to make a total o f 40 floors.. is the foundation able to stand this extra floors.. it sure is a risky proposition..
Shilpa


2
Well the SC sure hinted at he nexus of builder and noida authority and said that if the building is demolished , then authority has to pay the construction cost to floors razed to builder..
Jay


3
Well its a relief to the investors in this project, they have invested hard earned money and if its demolished what will be the outcome.. but still a final verdict has not come
Nithin


well Nithin , i do not think that it is any relief, there is just stay on project but flats cannot be alloted , transfered or any transactions done
Pranjal,  Delhi
7th May 2014


4

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