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. The three projects are Amber, Burgundy and Willows respectively in Sectors 96, 97 and 98 along the Noida-Greater Noida Expressway. 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.
Plots in Willows will be delivered within six months, said Malik. “We will deliver the plots within the next six months if all goes according to plan and the development remains on track, unaffected by restrictions such as graded response action plan that comes during winters. We will develop a 5-metre-wide and 3.
4-km-long walkway around the Unitech Golf Course and complete all works before offering possession. We aim to sell unsold plots in January 2025 to raise funds for construction to expedite delivery to homebuyers,” said Malik. Amber and Burgundy are luxury group housing towers, while Willows is a bungalows project.
The Noida authority, in accordance with the Supreme Court order, in June approved revised building maps for the housing towers, which are partially built. Building maps for Willows have also been approved. The to.