The builder has staked a claim over the land and wants to start a new project. The residents say it’s their turf. Looks like the parties may be back in court.
There’s a fresh fight brewing over the twin towers project land in Emerald Court society, in Noida’s sector 93A. The project lands were leased to Supertech by the Noida authority in 2004 and 2006. Now that the twin towers have been reduced to rubble and work is underway to dispose of the debris, all eyes are on what use the 8,000 square metres would be put to.
Supertech’s chairman and managing director R. K. Arora told news agency ANI that the company will construct a new project on the land with the approval of the Noida authority, as also with the consent of the Emerald Court residents’ welfare association (RWA).
A Supertech spokesperson told Moneycontrol that the land belongs to Supertech and that the dispute was about the height of the towers and the consent of the residents for the same, not about ownership of the land.
“We have paid Rs 25 crore to Noida authority for the land and another Rs 25 crore for the project’s approval. The land belongs to us and Supertech will use it after taking required approvals,” said the spokesperson.