Browsing: Supertech

Consumer Connect Home Buyers Trapped, Supertech, Supertech Twin Towers, Supertech Demolition, RK Arora, Mohit Arora, Noida Real Estate Market, Indian Property Market, India Real Estate News

Supertech or no Supertech – housing market a systematic trap for buyers

News reports of real estate nowadays is making me religious. The reports about Supertech Twin Tower demolition is giving me “SPIRITUAL” feeling. If these media reports are to be believed, henceforth all the government officials will be careful in sanctioning the building plans, builders will be fearful with the law and the judiciary will be trusted as more pro-active than reactive. Isn’t it a proverbial “Ram Rajya” for the home buyers?

Policy Supertech Emerald Court, Supertech Twin Towers, Supreme Court Orders Demolition of Supertech, Supertech Fraud, Supertech Cheating, Noida Property Market, RK Arora, Mohit Arora

Supreme Court demolition order against Supertech twin towers won’t change market realities

A closer look at the way the sector operates indicates that the ground realities are different than what is being anticipated post this historic judgment. The Supreme Court order has hence raised more questions than settled the answers that could goad the sector to best practices in the business. The court order touches upon some of the grey areas like “long & expensive legal battle” that the buyers have to go through. It nevertheless doesn’t offer any solution for the same. The fact remains that the long & expensive legal battle is the primary cause of home buyers’ suffering in silence at the hands of the builders.