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Supertech Ltd bankruptcy

26 Mar 2022

Delhi-NCR's other real estate firms facing insolvency proceedings; check here

Meanwhile, many real estate companies are facing insolvency proceedings including Jaypee Infratech and Mumbai-based HDIL. Amrapali group and Unitech group have also defaulted in delivering many projects, particularly in Delhi-NCR, affecting thousands of homebuyers.

26 Mar 2022

Noida-based builder Supertech faces second major setback in the last one year

Apart from this, Supertech is also barred from transferring, encumbering, alienating, or disposing of any assets. This is the second major setback for Noida-based developers in the last one year. Supertech Group said it would challenge the order before the National Company Law Appellate Tribunal (NCLAT).

26 Mar 2022

Supertech to challenge NCLT order in National Company Law Appellate Tribunal

Supertech, in a statement, said that it will challenge the NCLT order in the National Company Law Appellate Tribunal (NCLAT). Further, the company said that in the interest of homebuyers, a preference was given to construction and the delivery of projects. The company has claimed that it has a "strong record of delivering more than 40,000 Flats during the last 7 years."

19 May 2017

Supertech to expedite project completion with Rs 1,500 crore investment

The real estate sector has been traversing through challenging times and resultant impact has been felt on the demand for residential real estate projects.

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