Apex and Ceyane, two 100-meter-tall Supertech twin towers, were dismantled on Sunday in accordance with a Supreme Court judgement that ruled their construction inside the Emerald Court grounds to be against the law. The operation required the use of more than 3,700 kg of explosives, with the demolition project costing an estimated 20 crore rupees.
The loss experienced by Supertech as a result of the twin buildings’ demolition, including interest and construction costs, was disclosed by the company’s chairman, RK Arora. It is paying Edifice Engineering, which carried out the demolition operation, 17.5 crore, which includes the payment for a 100 crore insurance cover. There are a number of additional expenses related to the destruction as well.
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Construction, Infrastructure and Mining
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