NOIDA SUPERTECH TWIN TOWERS
ED opposes interim bail plea of Supertech chairman R K Arora in money laundering case
The Enforcement Directorate opposed Supertech Group's chairman R K Arora's plea for interim bail on medical grounds in a money laundering case. They argued that the necessary medical assistance was available in prison, countering Arora's claim of deteriorating health. The case, stemming from FIRs in Delhi, Haryana, and Uttar Pradesh, alleges a scam involving 670 home buyers, defrauded of Rs 164 crore. The ED claims misappropriation of funds and diversion for land acquisition, rendering substantial loans non-performing assets.
View: Time to make RERA roar
Channels of information flow in real estate are limited; buyers rely on the media, intermediaries or hearsay to obtain information. This leaves buyers in the dark, impeding their ability to distinguish between good- and bad-quality housing. Ill-equipped with little to no information, they may purchase homes mired in litigation.
Re Sustainability to start recycling of twin towers demolition waste next week
The twin towers, nearly 100 metres tall, were demolished on Sunday. More than 3,700 kilograms of explosives were used in the operation. Nearly Rs 20 crore were spent to demolish the twin towers, although the Supertech said it suffered a Rs 500 crore loss in the development of these two towers.
Neighbouring buildings damaged in Noida twin tower explosion
Work to clean the debris was in full swing on Monday in the two nearby residential societies and the roads around the now-demolished Supertech twin towers, Noida Authority CEO Ritu Maheshwari said even as sudden rains in the evening brought hope for a quick respite from dust.
Noida twin towers demolition: Boundary wall of nearby society damaged after being hit by debris
The 10-metre boundary wall of a nearby society ATS Village has been damaged after being hit by the debris of the demolished Supertech Twin Towers in Noida on Sunday. The illegal Supertech twin towers of Noida were destroyed on Sunday in a nine-second oper...
Noida Twin Towers demolition: Dust settles on the 9-year-long legal battle; illegal towers razed to the ground
Nine years after a residents association went to court over the illegally built Supertech twin towers, a series of controlled explosions reduced the 100-metre tall structures to a massive pile of rubble. Apex (32 storeys) and Ceyane (29 sto...
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India joins 100-metre building demolition club with razing of Noida Supertech twin towers
The illegal twin towers in Noida's Sector 93A were grounded by waterfall implosion technique within 15 seconds on Sunday. The Apex (32 storeys) and Ceyane (29 storeys) towers of Supertech had a height of 103 metres each, according to officials.
Noida twin tower demolition: Last moments of evacuation and a sleeping man
The Supertech twin towers in Noida were demolished on Sunday, a year after the Supreme Court's direction to raze the illegally built structures to the ground. Emerald Court has 15 residential towers, each having 44 apartments and total around 2,500 residents and 1,200 vehicles.
Noida twin towers: Hundreds cheer, clap as 'structures of corruption' reduce to rubble
The authorities had created an 'exclusion zone' in a radius of up to 500 metres around the twin towers where no human or animal was allowed except for the team of Indian and foreign blasters engaged in the demolition. There was heavy police deployment in the area to stop people from entering the barricaded area.
To fulfil grandson's wish, family travels from Agra to witness twin tower demolition in Noida
Riyaz was among many other people who travelled to Noida from far-flung areas to watch the demolition of the structures despite restrictions on civilians from entering the area.
Total cost of Noida's Twin Tower demolition
When Supertech Chairman RK Arora was asked about the demolition cost, he said, Supertech is paying Rs 17.5 crore to Edifice Engineering, which was tasked with safely pulling down the structures, including the premium amount for a Rs 100-crore insurance cover.
Noida Supertech twin towers razed putting an end to a 9-year long battle
Over 3,700 kg explosives were used to bring down Noida's twin towers in pursuance of a Supreme Court order that found their construction within the Emerald Court society premises in violation of norms. Residents of neighbouring societies near the Supertech twin towers made arrangements to celebrate the demolition of a structure borne out of corruption.
Noida Supertech twin tower demolition: Here's why neighbours were denied insurance cover
There is palpable anxiety among the residents housing in the complexes near the Supertech twin towers in Noida which will be demolished by implosion technique on August 28. Insurance covers the nearby towers but attempts by individuals to get the same for their flats have been thwarted. Read to know why
As Noida's twin towers go down, Twitter explodes with mirth, memes and 'demolition' humour
While some users tweeted that the "Tower of Corruption" was grounded, a few others said the media's ground coverage of the unprecedented event was "as if ISRO is sending Gaganyaan to moon". People across the country were glued to their TV sets since afternoon to watch the mega demolition event and a little past 2:30 PM, the twin towers literally became history, becoming the tallest structures to be demolished in India.
Ahead of Noida's Supertech twin towers' demolition: All you need to know
The twin towers are set to be demolished today following a Supreme Court order that found the structures were built in violation of norms. Around 400 policemen will be on duty, besides another 150 to 200 traffic personnel would be at work throughout the day.
No damage to residential towers after Supertech twin tower demolition, says Edifice official
The company had took stock of the situation after reaching the rooftop of the towers in the morning. The team carrying out the demolition ensured that there were no loose ends ahead of the blast.
Watch: How Noida Supertech twin towers were demolished in seconds
The nearly 100-metre-high buildings – taller than Delhi's iconic Qutub Minar (73 metres) – were brought to the ground in seconds literally like a house of cards by the 'waterfall implosion' technique, in a breathtaking spectacle of modern day engineering.
Noida Twin Tower Demolition: Know total cost & who will pay what
The humongous structure's demolition is estimated to cost Rs 20 crore, or around Rs 267 per square foot.
Citizens' cane: The battle to take down Supertech's twin towers
In 2009, four residents, UBS Teotia, 80, S K Sharma, 74, Ravi Bajaj, 65, and M K Jain, 59, went up against Supertech's plan for twin towers, which were coming up in violation of building by-laws, and formed a core legal committee that moved the Allahabad High Court.
Noida's Supertech twin towers, a saga of corruption
Supertech's illegal twin towers in Noida, which have been grabbing media attention across the world , will be razed to the ground on August 28 at 2.30 p.m.
The Supertech Conundrum: twin towers coming down will not ensure flats for 25,000 waiting
Indiabulls Housing Finance declared Supertech’s account as NPA back in 2018. In October 2021, Dinanath Dubhashi, the managing director and chief executive officer of L&T Finance Holdings mentioned that the company had started doing interest reversal on the account of Supertech Limited and has classified the account as NPA.
Noida: One nautical mile of air space around twin towers briefly unavailable for flights on Sunday
The Union Ministry of Civil Aviation has given its consent for this, the Noida Authority said as it oversaw preparations for demolition of the nearly 100-metre-tall twin towers on Sunday.
Razing of Noida towers: Residents of nearby buildings plan vacation, stay at hotels
Around 5,000 residents of two societies will be the most impacted when the structures go down at 2.30 pm on August 28, leaving behind a whopping 55,000 tonnes of debris.
Flat buyers of Supertech's twin towers will be refunded in full, says Supreme Court
The top court also asked Supertech's Interim Resolution Professional to deposit Rs 1 crore with the court registry. The National Company Law Tribunal (NCLT) had declared the firm bankrupt on a plea filed by the Union Bank of India for non-payment of around Rs 432 crore worth of dues.
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