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Supertech gets Uttar Pradesh RERA`s showcause notice for not completing projects on schedule
The Uttar Pradesh Real Estate Regulatory Authority issued a show-cause notice to top real estate company Supertech for not completing the project on schedule.
Highlights
- The builders failed to submit their application to extend the registration of their projects despite the end of the timeline
- RERA has identified 20 such projects whose registration is over
- The extension certificate of the 5 projects has also not been issued as the builders failed to pay their penalty
Gautam Buddha Nagar: The Uttar Pradesh Real Estate Regulatory Authority (RERA) has issued a show-cause notice to top real estate company Supertech for not completing the project on schedule. As many as 36 projects of Supertech are registered with the Noida authority.
Promoters associated with these projects have so far failed to complete the projects on time, according to the RERA's board, which held a meeting on Friday, to discuss these incomplete projects.
complaints against the builder in RERA, which has also issued notices in this regard.