New Delhi: Realty firm Supertech Friday said it will challenge the Allahabad High Court order to demolish the company's two 40-storey towers in Noida housing project before the Supreme Court.
"We have recieved the order and read it. We are going to challenge the Allahabad High court order in the Supreme court. The constrution in the project is as per the approved plan, authroised and legal," Supertech CMD R K Arora said.
The High Court did not consider the company's point of view, he added.
The two towers in the project 'Emerald Court' have 250 housing units and is expected to be delivered shortly, Arora said.
A division bench comprising Justice V K Shukla and Justice Suneet Kumar ordered the demolition "within a period of four months" of the two newly-constructed towers erected in Sector 93-A of Noida as part of the "Supertech Emerald Court Complex" comprising residential premises and shopping establishments.
The court also ordered that money be refunded to all those who had invested in the two towers "with 14 per cent interest compounded annually".
The judgement was passed while allowing the writ petition of "Emerald Court Owner Resident Welfare Association" wherein it was alleged that the approval and construction of the two towers was "in complete violation of UP Apartment Acts".
The petitioner had claimed that the Noida Authority had given permission for raising the heights of the two towers, which were earlier supposed to have only 24 floors, "without maintaining the mandatory distance of 16 metres) from an adjoining building block, making it "unsafe, apart from blocking air and light".
First Published: Friday, April 11, 2014, 21:22