Today, On 19th March, The Supreme Court intervened in the issue of an abandoned housing project in Greater Noida, seeking a resolution for affected homebuyers. Senior Advocate Ravindra Kumar, representing the Authority, requested a week’s time to submit financial details. The Court’s directive aims to expedite the process and provide relief. This step brings renewed hope for buyers awaiting possession of their homes.
The Supreme Court mandated states to expedite approvals for Unitech’s stalled housing projects to relieve homebuyers. Deadlines have been set for clearances, allowing construction to resume. Despite a new board’s establishment in 2020, progress has been minimal, leaving around 10,000 homebuyers awaiting possession and facing financial strain.