The National Company Law Tribunal (NCLT) has declared Supertech Ltd insolvent after a plea by Union Bank of India over non-payment of dues, potentially affecting 25,000 homebuyers. Supertech plans to challenge the order, stating that they have delivered homes to 27,111 out of 38,041 customers.
The NCLAT appointed NBCC as a project management consultant to complete 16 Supertech real estate projects, encompassing nearly 50,000 homes across Uttar Pradesh, Uttarakhand, Haryana and Karnataka, at a cost of nearly Rs 9,500 crore. The consultancy fee has been fixed as 8 per cent, including 1 per cent marketing fee.
The Supreme Court stayed an order appointing NBCC as the project management consultant to complete Supertech Ltd's 16 housing projects at nearly ₹9,500 crore cost. The bench also ordered the constitution of an apex court committee and project-wise court committee for each project.
The Supreme Court upheld the NCLAT's order for NBCC to complete 16 stalled Supertech housing projects, using Article 142 of the Constitution. The court has restrained all tribunals and high courts from passing any order that may lead to the stalling of the construction work to be completed by NBCC Ltd. The interest and dues of financial and operational creditors can be addressed only after the delivery of fully-furnished houses to the homebuyers.
| Schools Near by Supertech Sports City Villas | |
|---|---|
| Sparsh Global School | 1.34 KM |
| Primary School | 2.01 KM |
| Grand City United Academy | 2.05 KM |
| Master Mind Global School | 2.12 KM |
| Mahima God Shine Public School | 2.12 KM |
| Karan Public School | 2.27 KM |
| Deep Memorial Public School | 2.54 KM |
| Vishwa Bharti Public School | 2.68 KM |
| Maharshi Dayanand Adarsh Vidyalaya | 3.01 KM |
| Nm Public School | 3.20 KM |
| Hospitals Near by Supertech Sports City Villas | |
|---|---|
| Max Multi Speciality Hospital | 4.47 KM |
| Vidya Hospital | 4.93 KM |
| New Balaji Hospital | 5.03 KM |
| Rida Hospital | 5.21 KM |
| Amc Hospital | 5.22 KM |
| Baba Mohan Ram Hospital | 5.45 KM |
| Baba Mohan Ram Hospital | 5.45 KM |
| Navin Hospital | 5.50 KM |
| Numed Super Speciality Hospital | 5.51 KM |
| Saini Hospital | 5.51 KM |
| Hotels Near by Supertech Sports City Villas | |
|---|---|
| Crowne Plaza Greater Noida | 3.83 KM |
| C Inn | 3.94 KM |
| Hotel Formula 1 | 5.38 KM |
| Blue Bell | 6.80 KM |
| Raj Hotel | 7.86 KM |
| Jaypee Greens Golf And Spa Resort | 7.99 KM |
| Hotel Kailash | 8.38 KM |
| The Steller Gymkhana | 8.67 KM |
| Ramveer Hotel | 9.03 KM |
| Hotel The Siddhartha | 9.04 KM |
| ATMs Near by Supertech Sports City Villas | |
|---|---|
| Icici Bank | 7.74 KM |
| Punjab National Bank | 7.86 KM |
| Punjab National Bank | 8.01 KM |
| Icici Bank | 8.01 KM |
| Icici Bank | 8.03 KM |
| State Of India | 8.12 KM |
| State Of India | 8.14 KM |
| Hdfc Bank | 8.30 KM |
| Axis Bank | 8.31 KM |
| Axis Bank | 8.34 KM |
| Banks Near by Supertech Sports City Villas | |
|---|---|
| Oriental Bank Of Commerce | 2.64 KM |
| Bank Of India | 3.16 KM |
| Yes Bank | 3.22 KM |
| Hdfc Bank | 3.50 KM |
| Kotak Mahindra Bank | 3.51 KM |
| Idbi Bank And Atm | 3.51 KM |
| Bank Of Baroda | 3.52 KM |
| State Bank Of India | 3.57 KM |
| Punjab National Bank | 4.34 KM |
| Syndicate Bank | 4.40 KM |
| Parks Near by Supertech Sports City Villas | |
|---|---|
| N Block Park | 5.23 KM |
| I Block Park | 5.47 KM |
| M Block Park | 5.55 KM |
| Green Belt Park | 5.61 KM |
| G Block Park | 5.65 KM |
| J Block Park | 5.69 KM |
| Gamma 2 H Block Park | 5.87 KM |
| F Block Park | 5.89 KM |
| K Block Park | 5.95 KM |
| L Block Park | 5.97 KM |
| Temples Near by Supertech Sports City Villas | |
|---|---|
| Mohan Baba Mandir | 3.36 KM |
| Shiv Mandir | 3.51 KM |
| Ganesh Hanumaan Mandir | 6.25 KM |
| Gauri Shankar Mandir | 6.25 KM |
| Maa Durga Mandir | 6.64 KM |
| Peepal Mahadev Mandir | 7.01 KM |
| Panchmukhi Hanumaan Mandir | 7.24 KM |
| Hanuman Mandir | 8.86 KM |
| Sheetla Mata Mandir | 10.29 KM |
| Balaji Temple | 10.33 KM |
| Shopping Malls Near by Supertech Sports City Villas | |
|---|---|
| Bajrang Shopping Centre | 5.80 KM |
| Omaxe Connaught Place | 5.98 KM |
| Delta 2 Market | 6.19 KM |
| Habitech Quabe Crystal Mall | 6.63 KM |
| Beta Plaza | 6.86 KM |
| Nitiksha Mart | 7.00 KM |
| Balaji Provision And Confectionery | 7.22 KM |
| Icon Leisure Valley | 7.66 KM |
| Ansal Plaza | 8.47 KM |
| Supertech Mart | 8.77 KM |
| Colleges and Universities Near by Supertech Sports City Villas | |
|---|---|
| Gautam Budh Balak Inter College | 4.42 KM |
| Ns Inter College | 4.86 KM |
| Nehri Smarak Inter College | 5.20 KM |
| Kisan Adarsh Bal Vidya Mandir Inter College | 5.94 KM |
| Mihir Bhoj Pg College | 6.35 KM |
| Badami Devi Vm Inter College | 6.60 KM |
| Ishan Institute Of Architecture And Planning | 6.79 KM |
| Indraprastha Law College | 7.11 KM |
| Gnibm College | 7.26 KM |
| Gl Bajaj Institute Of Technology And Management | 7.52 KM |
| Supermarkets Near by Supertech Sports City Villas | |
|---|---|
| Kadamba Shopping Complex | 5.96 KM |
| Easyday Club | 6.17 KM |
| Tunia Market | 6.17 KM |
| R B Central Market | 6.23 KM |
| Gamma I Market | 6.50 KM |
| Beta Shopping Complex | 6.51 KM |
| Rozana Bazzar | 6.55 KM |
| Beta Ii Market | 6.57 KM |
| H Block Market | 7.16 KM |
| Alpha Ii Main Market | 7.21 KM |
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (regulation & development) act 2016.
