The Economic Times

Supertech projects: Homebuyers raise concerns over delay despite NBCC takeover

Homebuyers of stalled Supertech projects are concerned about construction delays. NBCC took over these projects nearly two years ago, but progress remains minimal. The National Company Law Appellate Tribunal sought a status report on the ongoing construction work. Homebuyers oppose NBCC's application for rule relaxation, fearing quality and timeline impacts. The tribunal also directed the release of unpaid salaries for Supertech employees.