Aig Royal Greater Noida West News

Noida Authority Punishes Housing Group for Not Following Waste Management Rule:

Supertech Cape Town is located in Noida Sector 74 in which an inspection is done by the Noida Authority Team over complaints of waste management during which violation is found. The authority slapped a fine of 25 lakh on a housing group for over violation of solid waste management rules. They were charging unauthorized fees for that from the residents. This inspection is carried out in Supertech Cape Town in Sector 74. During the inspection it was found that collection and transportation of solid waste management was being done by the unauthorized vendors. Read More

Greater Noida Authority Allows Banks to Also Watch Escrow Account:

As of now the Authority has decided to include banks and financial institutions that are associated with residential projects groups, in the escrow account management process. Now the Authority wants to set up an escrow account with the private builders but did not allow those banks that had provided funds to them for completing the project. It was issued by the Authority recently. From this order, the Authority paved the way for the banks to become an administration in monitoring and operating the Escrow Account. Read More

Supreme Court Rejected Hearing the Fresh Plea of Supertech to Extend Time to Demolish Twin Towers:

The head Supreme Court canceled a fresh plea of major realty Supertech LTD wanting expansion of times of compensation payments of buyers and demolition of two towers of 40 storys. These towers are located in its Emerald Court project in Noida. The court said that its application cannot be entertained in view of its verdicts. A bench of Justice DY Chandrachud and Nagrathan said that we cannot entertain many applications of this housing company when the verdict is delivered and we cannot give any kind of expansion in terms of time or compensation payments. Read More

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