Supertech realty projects: Supreme court stays NCLAT's order, invites alternatives from stakeholders

The Supreme Court temporarily stayed the appointment of NBCC as the project management consultant for completing 16 stalled Supertech housing projects. Nearly 27,000 homebuyers await clarity following this decision. The court has requested alternative plans for resolving the stalled projects, with the next hearing set for April.

Feb 22, 2025 - 21:00
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Supertech realty projects: Supreme court stays NCLAT's order, invites alternatives from stakeholders
The Supreme Court temporarily stayed the appointment of NBCC as the project management consultant for completing 16 stalled Supertech housing projects. Nearly 27,000 homebuyers await clarity following this decision. The court has requested alternative plans for resolving the stalled projects, with the next hearing set for April.

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