The Supreme Court Monday ordered status quo in respect of two 40-floor residential towers of Supertech builders in Greater Noida which were ordered to be demolished by the Allahabad High Court for not complying with building laws.
An apex court bench headed by Chief Justice R.M. Lodha said the high court order directing the demolition of the two buildings was flawed and wrong.
The buildings in question were constructed by realty majors Supertech Group Limited.
Issuing notice to all concerned, the court said the builder and the purchasers of the flats shall not sell, alienate or create third party rights for the buildings.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app