Six floors of Tower D of Chintels Paradiso society had collapsed partially on February 10, 2022 leading to the death of two female residents. Since then, the building site has been a matter of dispute between the builder and residents.
In July-September quarter, Sobha achieved the highest ever quarterly sale value of Rs 1,724 crore and 1.69 million square feet. This is the ninth straight quarter where the presales have been better than the previous quarter.
The transaction is the latest in a string of notable land deals in the NCR. The sale deed was executed on December 22, 2023 and the company paid Rs 6.07 crore as stamp duty for the 5.78-acre plot and Rs 2.45 crore stamp duty for the 2.06-acre land parcel, documents showed.
Additional Deputy Commissioner Hitesh Kumar Meena Friday said they have received the report of tower J from IIT-Delhi and will announce the findings next week. In October, the ADC had said the structural audit report of Tower J had similar findings to that of other towers considered safe.