SC for setting up of portal to redress home buyers’ grievances
By Team Legistify / 2017-09-23

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The Supreme Court today ordered setting up of a web portal to deal with the grievances of home buyers who had booked flats in Supertech’s twin Emerald Towers project at Noida in Uttar Pradesh whose demolition was ordered by the Allahabad High Court.

A bench headed by Chief Justice Dipak Misra appointed advocate Gaurav Agarawal as an amicus curiae and asked him to make operational the web portal which would contain the entire details of home buyers of these twin towers and the money paid by them and refunds, if any, made by the real estate firm.The bench, also comprising Justices A M Khanwilkar and D Y Chandrachud, was informed that Supertech has deposited Rs 20 crore with the apex court registry for refunding money to the home buyers who did not want flats.

Picture Courtesy- HindustanTimes

The bench said that the consumers can register themselves on the portal and they will be given back their principal amount along with 14 percent interest.During the hearing, lawyer Akhilesh Kumar Pandey, appearing for some home buyers, said his clients did not want the flats in the twin towers but wanted their money back with interest.


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