Unitech Projects Restart After Supreme Court Approval

04 Apr 2024 CW Team

The two projects, located in Gurugram and Noida, were initially launched by Unitech, one of India's prominent real estate developers. However, due to a combination of financial mismanagement and regulatory hurdles, construction came to a grinding halt, leaving thousands of buyers in limbo.

The Supreme Court's intervention marks a significant milestone in the protracted legal battle between homebuyers and Unitech Limited. The court's approval paves the way for the infusion of fresh funds and the appointment of a professional agency to oversee the completion of the projects, bringing much-needed relief to the aggrieved buyers.

The resumption of construction activities signals a ray of hope for the homebuyers who have invested their hard-earned savings in these projects. It offers them the prospect of finally receiving possession of their dream homes, albeit after a prolonged and arduous journey.

This development also underscores the imperative need for stricter regulations and oversight within the real estate sector to safeguard the interests of homebuyers and prevent similar instances of project delays and financial mismanagement in the future.

The revival of these projects is expected to have a ripple effect on the broader real estate market, instilling confidence among buyers and investors alike. It serves as a reminder of the resilience of the real estate sector and its ability to bounce back from setbacks, albeit with concerted efforts from all stakeholders involved.

As construction activity picks up pace and the projects inch closer to completion, stakeholders will keenly monitor progress, hoping that this marks the beginning of a new chapter of transparency, accountability, and timely delivery in India's real estate landscape.

After a lengthy delay of 12 years, construction activity has recommenced on two long-stalled residential projects by Unitech Limited. This revival comes in the wake of a crucial nod from the Supreme Court, injecting new hope into homebuyers who have been grappling with uncertainty and financial strain. The two projects, located in Gurugram and Noida, were initially launched by Unitech, one of India's prominent real estate developers. However, due to a combination of financial mismanagement and regulatory hurdles, construction came to a grinding halt, leaving thousands of buyers in limbo. The Supreme Court's intervention marks a significant milestone in the protracted legal battle between homebuyers and Unitech Limited. The court's approval paves the way for the infusion of fresh funds and the appointment of a professional agency to oversee the completion of the projects, bringing much-needed relief to the aggrieved buyers. The resumption of construction activities signals a ray of hope for the homebuyers who have invested their hard-earned savings in these projects. It offers them the prospect of finally receiving possession of their dream homes, albeit after a prolonged and arduous journey. This development also underscores the imperative need for stricter regulations and oversight within the real estate sector to safeguard the interests of homebuyers and prevent similar instances of project delays and financial mismanagement in the future. The revival of these projects is expected to have a ripple effect on the broader real estate market, instilling confidence among buyers and investors alike. It serves as a reminder of the resilience of the real estate sector and its ability to bounce back from setbacks, albeit with concerted efforts from all stakeholders involved. As construction activity picks up pace and the projects inch closer to completion, stakeholders will keenly monitor progress, hoping that this marks the beginning of a new chapter of transparency, accountability, and timely delivery in India's real estate landscape.

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Infrastructure Transport

28 Oct 2025

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Real Estate

28 Oct 2025

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..