Supertech insolvency: Homebuyers in despair - latest News of India Today

Supertech insolvency: Homebuyers in despair

First Published: Apr 11,2022 09:06PM
by The Probe

Last month, the National Company Law Tribunal (NCLT) declared the real estate firm Supertech insolvent. The decision came after the Union Bank of India filed a petition against Supertech for non-payment of dues.

Over 25,000 affected homebuyers in Noida feel the latest developments could add to their woes and make their long-drawn struggle to get ownership of their flats more complicated. Is it the end of the road for homebuyers in Noida or is there light at the end of the tunnel?

Watch this story by The Probe’s Shivam Tyagi and Sourav Rai.

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