R.K. Arora

Some Lesser Known Facts About R.K. Arora

• R.K. Arora is an Indian businessman who is known for being the chairman of Supertech Limited, Noida.

• In an interview, he said that he used to operate from one room office when he started his career.

• He aspired to become a sculptor when he was a child.

• He likes watching the news in his spare time.

• On 7 December 1995, he started Supertech with some of his friends. After a few years, he launched real estate projects in 12 cities including Delhi, Meerut, Noida, and Greater Noida. The company also formed another company to create, develop and allot cemeteries in 2006. In 2016, he registered 19 companies.

• In 1999, he started Supertech Builders And Promoters Private Limited.

• In 2005, he started the company Crossings Infrastructure Pvt. Ltd.

• In 2006, he started the companies Crossings City Private Limited, Crossings Corporate Park Private Limited, Crossings Greens Property Private Limited, Crossings Home Solutions Private Limited, Crossings Realty Private Limited, Crossings Residency Private Limited, Crossings Towers Private Limited, Crossings Township Private Limited, Crossings Buildwell Private Limited, Dynamic Towers Private Limited, and Supertech Reality Private Limited.

• In 2007, he started the company Surprise Suppliers Private Limited.

• In 2009, he started the company Supertech Cinemas Private Limited and Supertech Holdings Private Limited.

• In 2010, he started the company Supertech Precast Technologies Private Limited and Supertech Township Project Limited.

• In 2011, he started the company Supertech Urja & Power Private Limited.

• In 2016, his daughter Mohini, pursuing her higher studies in London at Regent’s University, died in a car accident on the M20 motorway in Kent. She was driving with two friends in a BMW car when the car hit a truck. Her friends survived the accident but she died on the spot. One of her friends informed the family in India.

• In 2017, he started the company Supertech Housing Finance Limited.

• In 2018, he started the company Supertech Realtors Private Limited.

• In 2019, he started the company Damodar Engineers Private Limited.

• In 2020, he started the company Sarv Realtors Private Limited.

• In March 2022, his company was declared insolvent by the National Company Law Tribunal (NCLT). It was in debt of about Rs. 432 crores.

• In August 2022, when the Twin Towers which were located at the ‘Supertech Emerald Court’ housing society Sector 93A in Noida were demolished, he was very upset. In an interview, he talked about this and said,
  

  As per the UP Apartment Act, 1975 and UP Apartment Act, 2010, a developer goes to an authority to take approval. In terms of violation of the Act, we didn’t violate any of them. When these plans were getting passed, the Apartment Act was not adopted by the Noida Authority. And it was not just for our project, it was for all approvals in the area. Between 2010 and 2014, no one was taking consent on the Apartment Act. There were no special favours given to us. Whatever everyone else was getting, we also got the same.”