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Noida moves SC over ₹193cr dues for Lotus 300 project
Hindustan Times
|November 22, 2024
The Noida authority said on Thursday that it has filed a "recall plea" in the Supreme Court to recover ₹193 crore in outstanding dues from Hacienda Project Pvt Ltd (HPPL), the developer of the Lotus 300 housing project in Sector 107.
In a September 27 order, the Supreme Court directed the Noida Authority to issue registry permissions to protect homebuyers' interests, disregarding the developer's unpaid dues. HPPL had failed to clear its financial obligations for the project.
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