Unitech Restarts Construction on Six Gurugram Projects After 10-Year Delay

After years of legal battles, regulatory challenges, and financial crises, Unitech is finally making a comeback. One of India’s most prominent real estate developers during the early 2000s, Unitech set to restart work on six projects in Gurugram a move that is set to bring long-awaited relief to thousands of homebuyers who were left in limbo.

Now under a government-appointed management, Unitech’s revival plans offer a fresh beginning for stalled projects that have been non-functional since 2014. With construction activity officially resuming on April 5, this development marks a significant milestone not only for the company but also for the entire Indian real estate sector, which has been plagued by trust issues and stalled projects.

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The Long Road: What Went Wrong?

Launch and Suspension Timeline

The six projects in question were originally launched in 2009, at a time when Gurugram was witnessing rapid urban expansion. The projects are located in the well-known Nirvana Country 2 township, and include:

• Alder Grove Villas
• Espace Premiere Villas
• Exquisite Group Housing
• Nirvana Country-2 Plots
• The Willows Plots
• Nirvana Courtyard-2 (Commercial)

However, work came to a complete halt in 2014 due to a combination of regulatory issues and severe financial distress faced by Unitech. Over the years, the developer found itself entangled in multiple lawsuits, customer complaints, and eventually intervention by regulatory bodies.

Impact on Buyers

More than 1,000 homebuyers were impacted by the delays. Many of them had paid in full or partially and were left without possession or any clear timeline. The emotional and financial stress on these buyers has been immense, with some even resorting to legal action and public protests.

Unitech Set to Restart Work on Six Projects: What’s Changing Now?

Under the leadership of CEO Ashok Yadav, the company—now governed by court-appointed administrators—has laid out a revised, transparent construction plan. According to Unitech, all the necessary clearances have now been secured to ensure smooth execution.

Clearances Received:

• License renewals
• Environmental Clearance (EC)
• Consent to Establish (CTE) from the Haryana State Pollution Control Board (received on March 25, 2025)
  

Why This is Big News

This is the first significant step by Unitech’s new management to restore trust, deliver pending homes, and clear their tarnished image. It sets a potential benchmark for other stuck projects across India that are awaiting intervention.

Financial Blueprint: How Will the Projects Be Funded?

One of the critical components of this revival is a well-structured financial plan. According to estimates, the total cost of completing the six projects is ₹630 crore.

Funding Model:

• ₹276.42 crore will be collected from existing homebuyers through phased milestone-based payments.
• ₹353.58 crore will be raised through the sale of unsold inventory (including plots, villas, and commercial units).
  

This funding structure helps ensure that the project will not face cash flow issues midway and that the funds collected will be allocated directly to construction and delivery.

Clear Timelines for Delivery

One of the most appreciated moves by the new management has been the declaration of project-wise completion timelines, bringing much-needed clarity to homebuyers.

These deadlines are critical as they align with the expectations of buyers and also fulfill regulatory obligations laid down by RERA and other authorities.

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Breakdown of Project Details

Let’s take a closer look at what each of these six projects includes:

1. Alder Grove Villas
   Premium villa development with top-class amenities and open green spaces.
2. Espace Premiere Villas
   Gated villa society with 24x7 security and a modern lifestyle concept.
3. Exquisite Group Housing
   High-rise apartments catering to mid- and upper-mid segment buyers.
4. Nirvana Country-2 Plots
   Residential plots for custom home development.
5. The Willows Plots
   Another plotted development with ready-to-build infrastructure.
6. Nirvana Courtyard-2 (Commercial)
   A commercial complex with office and retail spaces.
   

Together, these projects comprise 1,073 units, of which 740 plots were already sold before the work stopped. An additional 124 plots and 55 EWS flats have been reserved for the economically weaker section, showing a balanced development approach.

Relief and Reactions from Homebuyers

The announcement has sparked a wave of cautious optimism among affected homebuyers. Many have waited for over 10 years, paying EMIs on home loans without receiving possession. With clearly defined deadlines and progress monitoring, this move is expected to significantly improve buyer sentiment.

A representative of a buyers’ group mentioned, “This is a long-overdue step. We’re hopeful, but we will keep monitoring progress closely.”

Why This Revival Matters

1. Positive Signal for the Real Estate Market

The fact that Unitech set to restart work on six projects reflects the changing dynamics of real estate governance in India. With regulatory and judicial oversight, even legacy projects stuck in limbo can see light again.

2. Government's Role in Revival

This is also a testimony to the positive intervention by the judiciary and central authorities, who have made it possible for defunct developers to be brought back under transparent management.

3. Lessons for Other Builders

Unitech’s journey is a case study for the rest of the sector buyers’ trust once broken is hard to regain, but through structured revival, it is possible.

Conclusion:

The news that Unitech set to restart work on six projects in Gurugram marks a new chapter—not just for the company, but also for the Indian real estate sector, which is struggling with stalled projects. With financial planning, regulatory approvals, and clear timelines in place, the stage is set for the long-delayed delivery of homes.

While challenges may still lie ahead, the transparent approach of the new management gives hope to thousands who had been waiting in uncertainty. For now, cautious optimism prevails as construction begins and Unitech aims to rebuild both homes and trust.

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