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

The Unitech management said that a groundbreaking (Bhoomi Poojan) ceremony will take place at Unitech Golf and Country Club in Sectors 96, 97, and 98 on Sunday

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 ruled that the revised building maps should be approved without asking the board to pay the land cost dues.

Of these three, two were luxury group housing towers – Amber and Burgundy – and one was a bungalows project called Willows 1 and 2. The Noida authority, in accordance with the Supreme Court order, has so far approved revised maps only for housing towers, which are partially built, and not the revised maps for the plots.

The tower projects entail 818 apartments on 164 acres of area in Sectors 96, 97 and 98, located along the Noida-Greater Noida Expressway, with 180 to remain vacant. At least 638 apartment buyers are waiting for delivery of their apartments in these two projects. The remaining 180 apartments will be sold in the future.

source (https://www.hindustantimes.com/).