Supertech Buyers: 15 years of patience, 26000 homebuyers will now get handover soon

Homebuyers have appealed to everyone to use their rights and power to stand in support of Homebuyers who have been suffering for 15 years of Supertech and support them in this struggle.

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Greater Noida West: A new era of happiness and hope has begun for 26,000 home buyers stuck in the projects of Supertech Limited. These buyers, who have been waiting for their home for the last 15 years, are now relieved, as recently four major projects of Supertech have been officially handed over to NBCC (National Building Construction Corporation). Along with this, the remaining 12 projects will also be handed over to NBCC soon.

Forensic audit of Supertech Limited

Home buyers have also filed in the Supreme Court seeking a forensic audit of Supertech Limited. The application was prepared by Supreme Court advocate Sunil J Mathew and filed by Marich Praveer Sahay (AOR Supreme Court). Status of e-file case Gulshan Kumar vs Ram Kishore Arora, Suspended Director of Supertech Ltd. & Ors. The petition has been filed with e-filing number ECSCIN01036642025 dated 25-01-2025 – diary number 47152025 and Supertech Eco Village 3 Welfare Association e-filing number ECSCIN01036702025 dated 25-01-2025 – diary number 47212025.

NBCC Executive Director (Finance) Vijay VK Chaudhary said that NBCC is committed to providing homes to all Supertech home buyers. This is an important step as these home buyers have waited for their homes for 15 years.

Problems of buyers stuck in Supertech projects

Various projects of Supertech, which started in 2010, are still incomplete. Most of the home buyers in these projects have paid 95% or more of their amount to Supertech, yet they have not been able to get possession of their house. Many of these home buyers are not only paying EMIs but also spending money on rent. Along with this, they are also not able to take advantage of interest in income tax, because they have not got possession of the house. Even the buyers who have got the houses are victims of chaos and mismanagement in the incomplete society.

What did the home buyer say?

our plea to the Supreme Court is also to protect the fundamental rights of the homebuyer, and our fight will ensure that the rights of the coming generations are not violated in the future. It takes confidence, courage and determination to stand up against wrongdoing, while it is very easy to retreat or remain silent from the fight for your rights, some individuals choose to fight not for themselves but for the larger good of society. Only you can decide which path you want to take. We cannot go back in time to join the freedom fighters of the past, but we can be a part of this fight today against this injustice. Homebuyers have appealed to everyone to use their rights and power to stand in support of Homebuyers who have been suffering for 15 years of Supertech and support them in this struggle.

Rastogi, Home Buyer

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