After 7-yr delay, Max Estates takes over and revives Delhi One in Noida

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After 7-yr delay, Max Estates takes over and revives Delhi One in Noida - Business Standard

Quick Summary:

Relief to homebuyers as Max Estates takes over 'Boulevard Projects Private Limited (BPPL)' to revive Delhi One project in Noida, after 7 long years of wait.

The resolution plan was aimed at reviving the stalled project and addressing the concerns of approximately 288 allottees who had invested in the project .

However, the project encountered significant delays due to financial challenges faced by the developers, leading to its stalling and subsequent insolvency proceedings.