Twin Towers / 500 crores drowned with the collapse of Twin Towers

Zoom News : Aug 28, 2022, 04:18 PM
Twin Towers | The skyscraper twin tower of Noida has now turned into a pile of rubble. At the press of a button, this tower disappeared from view and turned into dust and mud. 500 crore rupees, which were spent to build this tower, collapsed along with the twin tower. The Noida Authority said that the debris of the Twin Towers will not be wasted but will be made usable at Noida's Sector 80 Treatment Plant. At least 28,000 metric tons will be constructed from the twin tower debris.

There is a mixed reaction of the common people regarding the Supreme Court's decision to demolish the Twin Towers. Some people believe that this was the right decision, but some were also seen in opposition to this decision.

make a better hospital than blast

Alok Singh, a founding member of the Active Citizen team, said, “We respect the Supreme Court order but this building should have been handed over to the government to save the money spent on the construction. The government could rehabilitate the city's homeless people in this tower. Instead of wasting so much money, the twin towers could have been converted into a hospital.

An example will be set for fraudsters

Sunil Mishra of Sector 135 said that the Supreme Court order teaches a lesson to all those who take the law lightly and flout the rules to make money. Home buyers get cheated by such people, so this decision was right.

Twin tower land was bought for 25 crores

The land where the ruins of the twin towers are lying now was bought by Supertech Limited for 25 crores. Simultaneously, Supertech Limited had given 25 crores more to get the layout clearance from the Noida Authority. In the year 2009, Supertech Limited had bought 8000 square meters of land for the twin tower. Also 46000 square meters of land was purchased where 11 residential towers of Emerald Court stand today. The twin towers were under construction from 2009 to 2014. Crores of rupees were being invested. The buildings were still under construction that in the year 2014, the Allahabad High Court ordered the demolition of the Twin Towers for violation of building rules.

450 crores was spent in erecting the Twin Towers

RK Arora, Chairman, Supertech Limited, said that we had spent Rs 450 crore on construction material including steel, cement, sand, labour, loan and other expenses in these two towers named Apex and Cayenne. After the Allahabad High Court's decision, Rs 500 crore of Supertech Ltd was wasted.

What the Chairman of Supertech Limited said

Supertech Ltd said that the twin tower blast will not affect the construction of any of their ongoing projects. The construction work of the rest of the buildings will continue. Supertech Limited also said that the company is committed to deliver the buildings on time.

We have a strong record of distributing more than 40,000 flats during the last 7 years, said Chairman, Supertech Ltd. Supertech Limited has set a target of delivering 7000 flats by the end of this year.

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