Homebuyers of the long-stalled Sushant Aquapolis project in Ghaziabad are finally seeing a path to completion after the National Company Law Tribunal (NCLT) approved ONE Group’s takeover of the development, people aware of the matter said.

One Group has committed to invest around Rs 700 crore to restart and complete the integrated township project, which spans 26.18 acres and includes 26 towers with nearly 3,000 housing units. The move is expected to pave way for completion of homes for thousands of affected homebuyers and bring long-awaited clarity and relief to them.

The project, located near Delhi-Meerut Expressway (NH-9) opposite Crossings Republic in Ghaziabad, had been stuck for over a decade under the erstwhile developer Ansal API, leaving buyers uncertain about possession timelin

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