Groundbreaking ceremony held for three Unitech housing projects in Noida
3 months, 1 week ago

Groundbreaking ceremony held for three Unitech housing projects in Noida

Hindustan Times  

The Supreme Court-appointed Unitech board held a groundbreaking ceremony at the Unitech Golf and Country Club in Noida Sector 96 on Sunday for three projects that were delayed for more than 15 years because the firm ran out of funds and defaulted on its dues, people familiar with the matter said, adding that the ceremony was attended by 400 homebuyers. Unitech board chairman and managing director YS Malik said that Amber and Burgundy will be delivered to homebuyers after June 30, 2026 as the work has already resumed. Funds required to complete the projects The Unitech chairman said that he needs ₹60 crore to complete all basic developmental work before giving possession to plot owners, and ₹5 crore to develop walkways around Golf Course. We may raise ₹300- ₹400 crore by plot sale to fuel the construction in other projects to deliver apartments to buyers,” said Malik.

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NCR real estate news: Work on Unitech’s housing projects set to resume
3 months, 1 week ago

NCR real estate news: Work on Unitech’s housing projects set to resume

Hindustan Times  

The Unitech board appointed by the Supreme Court has decided to resume construction work on stuck housing projects in Noida, igniting hope among the homebuyers who have been waiting for the delivery of their apartments for more than a decade. The move comes after the Noida authority approved the revised building maps in June – weeks after the Supreme Court …

After Supreme Court order, Noida likely to approve Unitech’s building maps
7 months, 3 weeks ago

After Supreme Court order, Noida likely to approve Unitech’s building maps

Hindustan Times  

Six days after the Supreme Court ordered the Noida and Greater Noida authorities to grant approval to the revised building plans of Unitech’s residential projects by May 31, the Noida authority on Thursday said it is studying the order in detail to prepare a road map to deal with Unitech’s realty projects, which are stuck for more than a decade, …

Unitech case: Noida Authority refuses nod for Unitech’s revised building maps until the realty firm clears all dues
9 months ago

Unitech case: Noida Authority refuses nod for Unitech’s revised building maps until the realty firm clears all dues

Hindustan Times  

The Noida authority on Monday said it will not approve the revised building maps of realty firm Unitech Group’s housing projects in sectors 96, 97, 98, 113 and 117, until it clears all financial dues it owes the authority, said officials in the know of the development. “We have already informed the Supreme Court in our reply that the Noida …

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