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Supertech Wants To Develop New Housing Project On Twin Towers Site

Realty firm Supertech Ltd, which incurred a loss of about Rs 500 crore from the demolition of its twin towers, wants to develop a new housing project at the same place and it will seek refund of land cost and other expenses if authorities do not approve the plan, its Chairman R K Arora said.

After the debris gets cleared from the site, Arora said the company will submit a proposal before the Noida development authority.