Allahabad HC orders demolition of 2 towers in Supertech's project.

In a blow to realty company Supertech, the Allahabad High Court ordered the demolition of two 40-storeyed buildings in its project, Emerald Court, on the Noida-Greater Noida Expressway.

The court said: 'It has repeatedly come to notice that builders, with officers of development authorities, flout every rule, including building ones.' A bench comprising V K Shukla and Suneet Kumar ordered the demolition in four months after getting prior sanction.

The order also said money be refunded to all who had invested 'with 14 per cent interest compounded annually'.

BS