Refund money to all homebuyers

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Refund money to all homebuyers



A contempt plea was filed by homebuyers, who had paid for the flats in two 40-storey towers. Homebuyers have alleged that Supertech called them to collect the refund, however, they were later told that payment would be made in instalments, including certain deductions. Counsel, representing the home buyers, said the home buyers are aggrieved with the delay in the refund and also added that the court order did not mention about any deduction.On January 17, counsel representing Supertech, informed the top court that the real estate firm has worked out the money which is to be given to each home buyer. The counsel asked the homebuyers to give it their RTGS particulars and the transfer money will be done. Advocate Sumit Agarwal, appearing for nine homebuyers, submitted that Supertech is only paying to those home buyers who have filed contempt petitions in the top court.In its August 31 judgement, the Supreme Court had ordered the demolition of Supertech twin towers in Noida and also directed the firm to refund the money to the flat purchasers in these towers.



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