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NCLAT appoints NBCC as consultant to complete Supertech's 16 housing projects in UP, Uttarakhand, Haryana, and Karnataka

Dec 12, 2024

Contract Type

contract

Real EstateReal Estate InvestmentCommercial Real Estate

Description

The National Company Law Appellate Tribunal has appointed the government’s construction arm NBCC as a project management consultant to complete real estate company Supertech Ltd's 16 real estate projects in Uttar Pradesh, Uttarakhand, Haryana, and Karnataka at a cost of almost ₹9,500 crore.

Quick answer

NCLAT appoints NBCC as consultant to complete Supertech's 16 housing projects in UP, Uttarakhand, Haryana, and Karnataka (December 12, 2024).

What agreement did Supertech announce on December 12, 2024?
The National Company Law Appellate Tribunal has appointed the government’s construction arm NBCC as a project management consultant to complete real estate company Supertech Ltd's 16 real estate projects in Uttar Pradesh, Uttarakhand, Haryana, and Karnataka at a cost of almost ₹9,500 crore.
What does Supertech do?
Supertech Limited is a private real estate development company based in India.

Source: Fundz verified event record.

Company Information

Company

Supertech

About

Supertech Limited is a private real estate development company based in India. It was established in 1988 and focuses on the construction of residential and commercial properties. The company has faced numerous challenges related to project delays and financial issues. Supertech is known for its ambitious developments in the national capital region.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.