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 authority will not be able to approve the building maps without the board or the realtor paying around ₹10,000 crore dues. The Unitech board in April 2023 submitted the revised building maps to the Noida authority for approvals so that it can restart construction on stalled projects. We have, through a letter, requested the authority to approve the revised building maps so that work can begin at the site without further delay,” said Saurabh Aggarwal, president of homebuyers association of Unitech projects.

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History of this topic

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. …

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 …

Good news for homebuyers! Noida authority approves maps of Unitech’s stuck housing projects
5 months, 2 weeks ago

Good news for homebuyers! Noida authority approves maps of Unitech’s stuck housing projects

Hindustan Times  

The Noida authority has approved the layout maps of housing projects being developed by Unitech Group, which is yet to deliver apartments to thousands of homebuyers who have been waiting for over a decade to get their homes. With the layout approval, Unitech can now resume work on incomplete projects and deliver homes to buyers, said Noida authority officials on …

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, …

After 12 years, Unitech begins construction on 2 Gurugram projects
8 months, 3 weeks ago

After 12 years, Unitech begins construction on 2 Gurugram projects

Hindustan Times  

Realty major Unitech on Sunday began construction on two real estate projects in Gurugram — 12 years after they were launched, people familiar with the matter said. On Sunday, YS Malik, chairman and managing director of Unitech, and chief executive officer Ashok Yadav, who have been appointed by the government on the Supreme Court’s directions, began work on the two …

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