What Supertech does

Supertech Limited is a privately held Indian real estate development company headquartered in Noida, Uttar Pradesh, focused on residential, commercial, and mixed-use developments across the National Capital Region. Between 2010 and 2012, the company launched projects in Noida, Greater Noida, Gurugram, Meerut, Dehradun, Rudrapur (Uttarakhand), and Bengaluru, booking approximately 50,000+ homes for middle-income and affordable housing buyers. Its project portfolio comprised large integrated townships such as the Eco Village complex (three phases), Capetown with North Eye, Supernova featuring Spira Tower, Emerald Court, Sports Village, Hilltown, and several other residential developments. Revenue was derived from one-time upfront property sales to individual homebuyers, marketed through direct sales offices at project sites and conventional real estate channels.

Since March 2022, Supertech has been operating under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, following Union Bank of India's petition over a Rs 432 crore loan default on the Ecovillage 2 project. The company has approximately Rs 5,100+ crore in debt obligations across 19 banks and housing finance companies, with CBI investigations underway into alleged builder-bank nexus and fund diversion across 21 projects. In December 2024, the NCLAT approved a governance framework appointing NBCC (India) Limited as Project Management Consultant to complete 16 stalled projects comprising approximately 49,748 homes at an estimated cost of Rs 9,500 crore; this was upheld by the Supreme Court on February 5, 2026. The Apex Court Committee chaired by retired Justice Krishna Murari supervises implementation, with Ernst & Young engaged as forensic auditor. As of September 2025, 6,121 apartments had been delivered but approximately 15,000 remained undelivered, with the Supreme Court prioritizing homebuyer delivery over creditor recovery under Article 142 powers.

Name

Supertech

Legal name

Supertech Limited

Website

https://supertechlimited.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Supertech Limited is a Noida-based Indian real estate developer of residential and mixed-use projects across Delhi-NCR, currently under Corporate Insolvency Resolution Process since March 2022, with NBCC completing its 16 stalled projects under Supreme Court oversight.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Residential real estate
• Mixed-use development
• Housing projects
• Real estate developer
• Commercial property

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development and Sales: Supertech generated revenue through the sale of residential apartments, commercial units, and mixed-use developments. The company launched projects across Noida, Greater Noida, Gurgaon, Meerut, Dehradun, and Rudrapur between 2010-2012, booking approximately 50,000+ homes for delivery. Revenue was derived from upfront property sales to individual homebuyers. The company is currently under insolvency proceedings with projects being completed under NBCC supervision.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Supertech Limited is a privately held Indian real estate developer that builds and sells residential apartments, commercial units, and mixed-use developments across the Delhi-NCR region, including integrated townships, sports-themed housing projects, and high-rise complexes. The company booked over 50,000 homes between 2010 and 2012 across Noida, Greater Noida, Gurgaon, Meerut, Dehradun, Rudrapur, and Bengaluru. Operations are currently conducted under Corporate Insolvency Resolution Process with NBCC (India) Limited appointed as Project Management Consultant to complete 16 stalled projects.

Product overview

Supertech Limited is one of India's leading real estate developers with residential, commercial and mixed-use developments across the National Capital Region. The company operates as a single unified real estate development portfolio organized by individual housing projects rather than a platform-plus-modules architecture. The project portfolio spans 16 identified projects including residential developments (Eco-Village 1-3, Sports Village, Hilltown, Romano, Capetown, Rivercrest, Micasa, Araville, EcoCiti), mixed-use developments (Supernova with Spira Tower), and commercial projects (Czar Suits). Projects are distributed across Noida, Greater Noida, Gurugram, Meerut, Rudrapur, and Bengaluru. The company entered Corporate Insolvency Resolution Process in March 2022, with NBCC (India) Limited appointed as Project Management Consultant to complete stalled projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Sports Village

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major, core and minor.

• Ernst & Young (EY)majorImplementation/ SI/ Consulting Partner · 20 March 2026Ernst & Young was appointed by the Supreme Court-appointed empowered committee as forensic auditor for Supertech Realtors' Supernova project in Noida. EY commenced forensic audit of the parent company Supertech Limited and its subsidiary to investigate financial irregularities and fund diversion allegations.
• Apex Court Committee (Judicial Oversight)coreOthers · 6 March 2026The Apex Court Committee was constituted pursuant to judicial directions to supervise implementation of the governance framework. Chaired by Hon'ble Justice Krishna Murari (Retd.), it includes representatives from Union Bank of India, L&T Finance Limited, NBCC (India) Limited, and Real Estate Expert Mr. Bharat Bhushan Makkar. The committee oversees project completion progress and stakeholder coordination.
• Former Supreme Court Judge Navin Sinha (Proposed)minorOthers · 12 September 2025The amicus curiae suggested former Supreme Court judge Navin Sinha to head a court-monitored hybrid resolution mechanism for the Supernova project, similar to mechanisms used in Amrapali and Unitech cases.
• Apex Heights Pvt LtdminorStrategic or Co-development Partner · 1 September 2025Apex Heights Pvt Ltd jointly submitted a resolution plan with Supertech to the Supreme Court, proposing to invest Rs 500 crore to complete stalled projects within two years. This was an alternative proposal to NBCC's involvement, though it was not the primary selected partner.
• Former Intelligence Bureau Director Rajiv Jain (Amicus Curiae)majorOthers · 29 August 2025The Supreme Court appointed former IB director Rajiv Jain as amicus curiae to investigate Supertech Realtors' insolvency proceedings following CBI allegations that suspended director Ram Kishore Arora siphoned homebuyers' money across 21 projects.
• NBCC (India) LimitedcoreImplementation/ SI/ Consulting Partner · 12 December 2024NBCC (India) Limited was appointed by NCLAT and subsequently upheld by the Supreme Court as the Project Management Consultant to complete 16 stalled Supertech projects comprising approximately 49,748 homes. NBCC is responsible for project execution, monitoring, and delivery to homebuyers under judicial oversight, with an estimated completion cost of Rs 9,500 crore. The Apex Court Committee supervises NBCC's work.

Scale indicators13 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Amrapali Group: Noida-based real estate developer whose stalled projects were taken over by NBCC under Supreme Court direction using a hybrid resolution mechanism — a near-exact structural parallel to the Supertech-NBCC framework now being implemented.
• Unitech Limited: Indian real estate developer that similarly entered insolvency proceedings with stalled residential projects and Supreme Court-monitored resolution via government agencies. Most direct comparable given parallel CIRP structure and NCR project base.
• Ansal API: Delhi-NCR focused real estate developer offering comparable residential and integrated township projects in similar geography and target segments. Both companies operate in the mass-market and affordable housing category within the same regional market.

Broad incumbents

• Lodha Group (Macrotech Developers): India's largest listed residential real estate developer by sales with integrated township expertise. Comparable in large-scale residential development and integrated project execution across major Indian metros.
• Prestige Group: Major Indian real estate developer with diversified residential, commercial and mixed-use portfolio across multiple cities. Comparable in scale and project mix though with stronger financial position and broader geographic footprint.
• DLF Limited: India's largest real estate developer with major Delhi-NCR residential and commercial portfolio. Directly comparable as a peer in NCR residential development at scale, though DLF remains a profitable going concern while Supertech is in CIRP.
• Godrej Properties: One of India's largest listed real estate developers with significant NCR presence across residential and mixed-use developments. Comparable in product offering and target customer base though operating as a financially stable going concern.
• Oberoi Realty: Premium Mumbai-focused real estate developer with mixed-use and high-rise expertise comparable to Supertech's Supernova/Spira Tower project. Different geography but relevant comparator for premium mixed-use execution capability.

Others

• NBCC (India) Limited: Government-owned construction and project management consultancy appointed by NCLAT/Supreme Court to complete Supertech's 16 stalled projects. Highly relevant as both the implementing partner and a peer comparator for project execution capability in Indian real estate.

Emerging players

• 3C (Three C) Developers: NCR-focused residential developer with projects in Noida and Greater Noida targeting similar middle-income and affordable housing segments as Supertech's portfolio, providing a direct local market comparator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/supertechltd
• Facebookfacebook.com/supertechlimited

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Supertech