Buyers of flats in Apex and Ceyane towers of Supertech Group’s Emerald Court Complex in Sector-93 here — which the Allahabad High Court has ordered demolished — said they would approach the Supreme Court as the High Court verdict was passed without giving them an “opportunity to be heard”.
The Residents Welfare Association (RWA) of Emerald Court Complex, the petitioner of the case, has already filed a caveat in the Supreme Court.
The two towers house 857 flats, of which almost 600 have been sold. While there is no occupancy, homebuyers said the High Court order that the developer refund them money, along with 14 per cent compound interest, won’t help them.
- Life Of Actor-Dancer Ashwini Ekbote Who Died During A Performance
- Idea Exchange With Gurmeet Ram Rahim Singh
- PM Narendra Modi Bats For Equal Rights : Here What He Said On Triple Talaq
- Uncle Shivpal Targets Akhilesh, Claims CM Told Him He Will Form Another Party
- Pakistan Continues To Violate Ceasefire In RS Pura
- Samajwadi Party’s internal fight divides SP
- Cyrus Mistry Removed As Chairman of Tata Sons: Here’s What Happened
- Wreath Laying Ceremony Of Slain Soldier Sushil Kumar Observed
- Virat Kohli Powers India Home With Unbeaten 154
- Pakistan Resorts To Heavy Mortar Shelling, 1 BSF Jawan Dead, 3 Injured
- Bigg Boss 10 Weekend Ka Vaar: Priyanka Jagga Evicted
- Here’s How Much Army Welfare Fund Has After MNS Demanded Rs 5 Cr To Cast Pak Artistes
- Shiv Sena Chief Uddhav Thackeray Take A Jibe At MNS: Here’s What He Said
- Samajwadi Party Crisis Deepens: Here’s How It Will Impact UP Polls
- 24 Maoists Killed In Encounter In Odisha
“When the order for the demolition came, it also demolished our dreams. Most of us weren’t even aware of the dispute and learnt about it from newspapers,” M R Chhikara said.
According to the aggrieved homebuyers, when the units were first being sold in the two towers in 2009, the rate per square feet was Rs 2,600. In the last five years, it has increased to more than Rs 6,000 per square feet.
“The 14 per cent interest isn’t acceptable to us, neither is the provision of an alternate unit — as our hard-earned money has been invested into this particular apartment, with its excellent location on the Expressway,” Chhikara said.
Homebuyers maintained most of them were shown the approvals and sanctions obtained by the developer — and they had not seen any infirmity in the documents.
“It wasn’t until three years after construction began that the RWA complained about the flats. By then, many of us had already bought property there,” Chhikara said.
“The flat I bought was worth Rs 1 crore and I paid almost the entire amount. I am paying regular EMIs to the bank. Even if I get the money back, it doesn’t give me my home,” Anil Kumar Yadav, who has bought a 1,050 square feet two-bedroom apartment, said.
According to the RWA of the housing society, the two towers were always in complete violation of the UP Apartments Act. “We have been running from pillar to post from day one. The builder has cheated the homebuyers, the Noida Authority and also us,” UBS Teotia, RWA president, said.