Noida Authority approves changed plans for all Unitech projects

                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 July 3.
The Noida authority was until now refusing to approve the map layouts till the realtor cleared its dues amounting to nearly ₹11,000 crore, said officials in the know of the matter.
However, on April 26, 2024, the Supreme Court issued directions to the authority to clear the layout maps, without insisting that the realtor clears the dues first, said officials.
“We have approved the layout of incomplete housing projects in Noida on the orders of the Supreme Court. We have also communicated the same to Unitech Group board as directed 
in the apex court order,” said Lokesh M, chief executive officer, Noida authority.
With the layout approval, Unitech can now resume work on incomplete projects and deliver homes to buyers, said Noida authority officials on July 3.
The Noida authority was until now refusing to approve the map layouts till the realtor cleared its dues amounting to nearly ₹11,000 crore, said officials in the know of the matter.
However, on April 26, 2024, the Supreme Court issued directions to the authority to clear the layout maps, without insisting that the realtor clears the dues first, said officials.
“We have approved the layout of incomplete housing projects in Noida on the orders of the Supreme Court. We have also communicated the same to Unitech Group board as directed 
in the apex court order,” said Lokesh M, chief executive officer, Noida authority.
In its order on April 26, the Supreme Court divided the total Unitech land into two parts -- one where homebuyers have been allotted flats and plots, and the other where projects are 
yet to be launched and the land is lying vacant.
The SC instructed the authority to approve the layouts of the first part where homebuyers have been unable to get their flats and projects are lying partially completed, said officials.
The Unitech Group board chairman YS Malik said they will start construction at the site without delay once the environmental clearance and other approvals are obtained.
“We have already roped in the construction contractors, who are eager to resume work provided all clearances are in place. We have applied for environmental clearances and also 
the consent to establish from the environmental bodies. We do not know when these will be issued. As and when they are issued, work at the site will begin. Also, we cannot provide a 
fixed completion and delivery date because that would depend on several factors. But if fund flow is assured, then work will be completed on time or before time,” said Malik, who is in 
control of Unitech Group.
According to the authority’s data, Unitech has 443 acres in sectors 96, 97, 98, 113 and 117.
“In all, the Noida authority approved layout maps of projects being developed on 246 acres, which had partially completed projects, while the remaining 197 acres are lying vacant.