A tribunal has directed that separate completion dates be provided for each of 16 unfinished Supertech housing projects in Noida, while expressing displeasure over the absence of firm timelines, according to a report by Navbharat Times – Noida. The matter is scheduled for its next hearing on November 6.
The report says the projects are expected to begin construction from January 16, 2027. The timeline was placed before the appellate tribunal by the Apex Court Committee during a hearing on October 1. The supplied report identifies the authority inconsistently as the National Company Law Tribunal in some passages and the National Company Law Appellate Tribunal in others; that detail requires confirmation from the underlying order or official proceeding record.
The tribunal has reportedly directed that completion dates be specified separately for each project rather than presented as a common timeline. This is significant for buyers because the 16 projects are at different stages of construction and may face distinct financial, regulatory and execution requirements.
The report also says that the tribunal clarified that the immediate appointment of another project management consultant or co-developer for projects assigned to NBCC was not under consideration. Under an order dated December 12, 2024, a co-developer could be considered if NBCC’s due diligence and detailed cash-flow assessment established that a project could not be completed within the proposed schedule.
The immediate priority, according to the report, is to complete the unfinished projects and deliver possession to homebuyers. A financial audit is proposed to be completed by January 15, 2027. NBCC is also preparing approximately 27 separate sub-tender packages for the projects, a step intended to divide construction work into project-specific or package-specific procurement exercises.
The audit has reportedly identified irregularities in project approvals and construction. In the case of Jaypee Suites, the Greater Noida Authority had approved 844 units, while 1,908 units were found to have been constructed at the site, according to the report. Similar discrepancies were reported in Hilltown, DDJAY-2 and Eco Village-1. The supplied material does not provide the status of any regulatory action arising from these findings.
For homebuyers, the issue extends beyond construction restarting. Abhishek Kumar, president of the buyers’ organisation NEFOWA, said buyers needed clear completion dates, a construction roadmap and accountability. He also called for construction to be expedited and for pending property registrations to begin, the report said.
The next formal milestone identified in the report is the proposed completion of the financial audit by January 15, 2027, followed by the scheduled hearing on November 6. Confirmation of the tribunal’s exact identity, the project-wise completion dates and the status of the proposed tender packages remains necessary before these details can be treated as independently established.
