Nasla Tower builder and residents have filed separate petitions in the SC Karachi Registry, seeking review of the orders to demolish the high-rise residential project.
On June 16, the Supreme Court ordered the authorities to demolish the residential plaza on Karachi’s Sharah-e-Quaideen.
The petitioners said the land for the project was allotted according to the law. “The allotment of additional land for the project was legal as well,” they said.
The petitioners moved the court to stop the authorities from demolishing the building.The high-rise building has 43 luxury apartments.
The estimated market cost of each flat is around Rs35 million.The top court was hearing petitions against encroachments in the city when it ordered demolition of Nalsa Tower.It ordered the builder to refund its residents in three months.
“The owners of the tower shall refund the price of shops/residential units and other areas sold by them in any form to the registered owners within a period of three months.” the court said in its written verdict.
“In case of delay, the claimants can claim mark-up/profit at the bank rate together with damages.”