After the arrest of Managing director of M3M, now ED arrests Supertech chairman Mr. R K Arora. ED has alleged that Mr. R K Arora was involved in money laundering of 1500 Cr. Along with this there is already a running insolvency case on Supertech ltd one of the group companies of Supertech Group. Last year supreme court had ordered the demolition of Noida Supertech twin towers and this year YEIDA has cancelled the registration 2 plots of Supertech Group due to non payment of pending dues of 86 Cr. After all this there is fear amongst home buyers across Delhi-NCR regarding the future of Supertech Group. In this video, I have shared complete case study of Supertech developers from their history, achievements, milestones, legal cases against supertech developers, customer complaints against supertech group, reasons for arrest of supertech boss R K Arora, future of existing home byers of supertech projects and lessons from entire case. Basically this video is a complete Supertech case study.
This video includes
1. History of Supertech group - how they started and their business lines
2. Achievements of Supertech Developers
3. Landmark projects of Supertech Group
4. Key milestones of Supertech builders
5. Why ED arrested Supertech boss R K Arora
6. Why were Noida Supertech twin towers demolished
7. Why Union Bank of India had filled petition for Supertech insolvency
8. Is Supertech group bankrupt
9. Which projects are affected by supertech insolvency
10. CIRP plan for Supertech Eco Village 2
11. Case of Supertech upcountry
12. Why Yamuna Expressway Industrial Development Authority has called plot registration of Supertech
13. Why registration of flats pending in projects completed by Supertech group
14. Customer complaints by home buyers in UPRERA
15. UPRERA cases against Supertech developers
16. Future of Supertech group
17. Future of existing home buyers of Supertech group
18. Conclusion of all the cases
19. Learnings for home buyers
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The information shared in this video has been gathered from supertech group website and new articles published. All this information is freely available online and can be accessed by all. I have just complied the information and presented in simple easy to understand format. Below are the reference websites
Reference link
www.supertechlimited.com/comm...
www.realtynmore.com/supertech...
www.business-standard.com/com...
www.livemint.com/news/india/n...
www.tribuneindia.com/news/nat...
www.news18.com/news/explainer...
www.moneycontrol.com/news/bus...
indianexpress.com/article/cit...
timesofindia.indiatimes.com/c...
www.moneycontrol.com/news/bus...
economictimes.indiatimes.com/...
www.business-standard.com/art...
Why this channel
Objective of this channel is to help young Indian know the unknown about buying a property in India
Who Am I?
A Realtor, Entrepreneur, Investor & Educator
I have worked with top developers of the country and have been an entrepreneur into Proptech space. I am not a property consultant or broker just sharing what I have learned for free to help home buyers make a better informed decision