lakhs of flat buyers of Noida Extension are concerned over the news of the Allahabad High Court order to demolish the two towers of Supertech's Emerald Court in Sector 93A in Noida as they fear similar orders may come for Noida Extension builders too.
All these builders have also got their revised building plan approved under purchaseable FAR scheme of the authority without getting the consent of allottees. The Supertech Emerald court project was launched in 2005 and the verdict came in 2014.
The buyers who have paid 85%-90% of flat cost are a worried lot. "Now the builder will move the Supreme Court and at least 3-4 years will go in that process and till then he will retain buyer's money", said Shweta Bharti, a representative of Noida Extension Flat Owners Welfare Association.
Noida Extension buyers are afraid a similar thing can be happened with Noida Extension projects also. "In Noida Extension, almost all the builders have constructed extra towers, what will happen to thatIJ said Bharti. "Why not Noida/Greater Noida Authority take action on time and save middle class buyers from being trapped", she said.