Supreme Court Hands Over 16 Stalled Supertech Projects to NBCC
New Delhi: In a landmark and homebuyer-friendly verdict, the Supreme Court of India has directed that 16 stalled residential projects of Supertech Limited be taken over and completed by NBCC (National Buildings Construction Corporation). The decision brings major relief to nearly 51,000 affected homebuyers across Delhi–Noida and other regions who have been waiting for possession for years. The Court has ordered that the projects be completed within two years, marking one of the most significant judicial interventions in India’s real estate crisis.
Supreme Court puts homebuyers first
The judgment was delivered by a Bench headed by Justice Surya Kant. The Court made its position absolutely clear, stating that homebuyers are the top priority in this case.
The Supreme Court ruled that:
- Completion of construction and delivery of flats must take precedence
- Homebuyers cannot be treated as investors or speculators
- Claims of financial and other creditors will be addressed at a later stage
Upholding the earlier order of the National Company Law Appellate Tribunal (NCLAT), the Court entrusted NBCC with the responsibility of completing the 16 stalled Supertech projects. It also directed that there should be no judicial or administrative interference in the execution of the work.
Article 142 invoked for complete justice
Invoking its extraordinary powers under Article 142 of the Constitution, the Supreme Court observed that the case goes beyond technical legal issues and directly impacts the lives, futures and dignity of thousands of families. The Court acknowledged that many homebuyers have suffered for over a decade, paying rent and EMIs simultaneously while facing mental and financial distress. The judgment underlined that such citizens deserve real, effective and time-bound relief.
Senior advocate M.L. Lahoti calls verdict historic
Senior Advocate M.L. Lahoti, who represented the affected homebuyers on behalf of the Eco Village-2 Welfare Association, described the verdict as:
A victory for homebuyers and a reflection of the judiciary’s sensitivity towards ordinary citizens.
M.L. Lahoti, Senior Advocate
Speaking to Media, Lahoti stated that:
- The judgment will serve as a precedent for the entire real estate sector
- Builders will no longer be able to misuse homebuyers’ hard-earned money
- The Supreme Court has clearly affirmed that a homebuyer is a common citizen, not an investor
He further said that handing over the projects to a government agency like NBCC will ensure transparency, accountability and timely completion.
Celebration and relief in Eco Village-2
The judgment triggered a wave of happiness among residents of Eco Village-2 and members of its Welfare Association. After years of legal struggle, hope has finally been restored.
Office bearers, including:
- President Mohan Lal Sinha
- Secretary K.K. Kalra
- Yogesh Sharma, Lata Ji, Ashok, Manoj Verma, Rakesh and RB Singh
along with Monitoring Team members Vijay Bisht, Dinesh Gupta and Ashish Bahukhandi, congratulated each other and celebrated the outcome of their collective effort.
Gratitude visit to Senior Advocate
In a gesture of appreciation, the office bearers of the Eco Village-2 Welfare Association visited the office of Senior Advocate M.L. Lahoti. They presented him with bouquets and sweets, thanking him for his dedicated legal representation. The association members unanimously stated that the victory was achieved through unity, perseverance and the correct legal strategy.
They also expressed deep gratitude to the Hon’ble Chief Justice of India and Justice Surya Kant for delivering a bold, sensitive and homebuyer-centric judgment that restored faith in the justice delivery system.
Conclusion
This Supreme Court order is a major milestone for distressed Supertech homebuyers and a strong message to the real estate sector across India. The verdict reinforces the belief that justice may be delayed but is never denied. It proves that when homebuyers remain united and pursue lawful remedies with determination, even the longest and toughest battles can be won.