The Economic Times

Supreme Court dismisses plea against FAR granted to Great Value Realty's Ekanam project in Noida

The Supreme Court has dismissed a Special Leave Petition challenging additional Floor Area Ratio (FAR) granted to Great Value Realtys Ekanam project in Noida. By upholding the Allahabad High Courts rulingwhich verified that majority homeowner consents were properly obtainedthe apex court finalised the legal dispute. The decision allows Great Value Realty to proceed with developing three 46-storey ultra-luxury towers across 2 million square feet, with an estimated revenue potential of 3,000 crore.