Supertech News

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Supertech Boss In Jail; NCR Builders Under Lens | Details | In Focus

Enforcement Directorate on Tuesday arrested RK Arora, he is the Chairman of the construction company Supertech. Arora was arrested from his Delhi office in a money laundering case. RK Arora was being questioned by the agency for the past three days. According to reports, some other NCR builders are also under the lens of authorities for duping home buyers. Watch the story for more details.

28 Jun 2023
Industry

Supertech seeks ₹1,500 crore from stress fund to complete 12 housing projects

Lakhs of home buyers are stuck in various stalled housing projects across the countryThe move is likely to help 4.58 lakh housing units across the country

1 min read5 Jan 2020
Companies

Supertech gets ₹293 crore recovery notice for Cape Town project

The Noida Authority has issued a recovery certificate against Supertech LtdAuthorities can now recover the dues by seizing the property of Supertech

1 min read23 Oct 2019
Companies

Supertech plans to raise ₹1,200 crore by monetising retail space in Noida

Supertech is in advanced stages of talks with some private equity players to sell retail space in the Supernova project, its chairman R K Arora said

2 min read29 Oct 2018
Companies

Supertech to invest ₹800 crore this fiscal on various projects to deliver 10,000 flats

Supertech eyes rise in sales booking to 3,000 crore during 2018-19 fiscal on the back of improved demand especially from ready-to-move-in apartments

1 min read17 Aug 2018
Politics

New IBC amendment puts homebuyers at par with financial creditors

The IBC amendment is likely to positively impact claims of homebuyers in pending court cases against real estate firms such as Jaypee Infratech and Amrapali Group

2 min read24 May 2018
Companies

Supertech may sell some of its malls, hotels to raise Rs1,000 crore

Supertech will use the funds to generate liquidity for the business and to reduce debt

2 min read13 Feb 2018
Companies

Supertech to develop stuck projects of other builders

Realty firm Supertech says it will take up stuck projects of other builders as part of a plan to grow its business by adding more projects in its portfolio

1 min read11 Feb 2018
Companies

SC asks Amrapali to submit comprehensive plan for delivering flats to home buyers

Supreme Court seeks a comprehensive plan from real estate group Amrapali on how it plans to deliver 41,000 flats to its buyers in various projects

1 min read1 Feb 2018
Companies

Altico Capital invests Rs430 crore in Supertech’s real estate projects in Noida

Altico Capital has been aggressively scouting for opportunities to invest both in the residential and commercial real estate space

1 min read23 Dec 2017
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