Latest StoriesRera

Haryana RERA Orders Sarv Realtors to Refund Buyer for Delay

GURUGRAM: More than eleven years after a couple purchased a 3BHK unit for ₹1.32 crore, the Haryana Real Estate Regulatory Authority (HRera) has ordered a realtor to refund ₹41.6 lakh—approximately 37% of the total cost paid initially—along with 11.1% annual interest for failing to deliver possession of the flat at Supertech Hues, Sector 68. On September 9, HRera instructed Sarv Realtors Pvt Ltd to return this amount, including interest, to Anirudh and Manali Gowalkar, who filed their complaint with the authority in October 2020. The possession was delayed by at least seven years, according to the agreement. The order pointed…

Latest StoriesResidential

Noida: Strike by Guards, Housekeepers Locks Ecovillage-1 Gate

NOIDA: Approximately 250 housekeeping staff and security guards at Supertech Ecovillage-1 in Greater Noida West began a strike on Tuesday morning, leaving over 20,000 residents facing issues related to sanitation and safety. The protest commenced around 8 AM, driven by claims from workers that they had not received their salaries for two months from the outgoing maintenance agency, Gravity. Agitated workers blocked all three gates of the society at the start of the protest. While two gates were reopened after an hour, the main entry, Gate No. 1, remained closed until the afternoon, causing residents to take longer routes to…

Latest StoriesRegulatory

Greater Noida: Builders’ ₹4,000 Cr Dues Amid Legal Issues

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) is currently grappling with unpaid dues totaling Rs 4,081 crore from 21 significant real estate projects. Legal proceedings at various levels—from the National Company Law Tribunal (NCLT) to the Supreme Court—have created obstacles for the Authority in recovering these amounts. A report from GNIDA indicates that each project owes over Rs 100 crore, with Supertech Ltd at the forefront as the largest defaulter. The company has outstanding payments of Rs 903 crore, attributed to three projects—Rs 312 crore for one in Sector 1 and Rs 590 crore across two in Sector 16B.…