Supertech signs agreement for demolition of twin tower

Realty developer Supertech has signed an agreement with Edifice Engineering for demolition of twin tower in Noida, days after the Supreme Court pulled it for delay.

The company said that advance payment has been made to Edifice engineering for mobilization of men, materials and machine to site as per this agreement.

“A copy of the demolition agreement executed and dully signed by Supertech and Edifice Engineering has been submitted to the Authority. For the safe demolition of twin tower, the company has submitted requests for issuing of required NOCs with intimation to the Noida authority to various departments,” a company spokesperson said.

The Supreme Court on August 31 had directed the Supertech and Noida authority to demolish two residential towers in the realty developer’s Emerald Court project within three months and refund the homebuyers money within two months.

The two towers, Apex and Ceyane of Emerald Court Project of Supertech, together have 915 apartments and 21 shops.

On April 11, 2014, the Allahabad High Court had ordered the demolition of the two buildings within four months and the refund of money to apartment buyers.


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