Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Morari Bapu extends Ram Navami wishes, calls for lighting of diyas in every home Press Release
  • Signing Of MOU By United Petro Shipping Pte Ltd And Sadhav Shipping Limited With Government Of Odisha Business
  • LT. Colonel Purohit: The Man Betrayed? – Smita Mishra’s book on Investigative Journalism published Business
  • Short Film ‘Aamras’ from the house of KissaGhar Productions awarded Honourable Jury Mention at the 12th Dada Saheb Phalke Film Festival 2022 Business
  • Nationwide Restaurant & Hospitality Awards – 2021 Mumbai & Pune Edition Lifestyle
  • Globtier Infotech Limited Listed on BSE SME Platform Press Release
  • AURO University, School of Hospitality Management Organized 8th Edition of ‘National Budding Hospitality Competition’ 2024 from 23-25, January, 2024 Business
  • TCL Redefines Entertainment: Master the Moment with Q6C Premium QD Mini LED Google TV Now in India! Business

A Decade of Waiting, A Ray of Hope: Earth Titanium Gets a Fresh Lease on Life

Posted on September 29, 2025 By

New Delhi [India], September 29: It’s been ten long years. Ten years through which the Earth Titanium Project became not just another stalled construction site, but a wound in the lives of hundreds of families. You can imagine the scene—elderly couples pouring in retirement savings, parents setting aside what little they could for their children’s future, everyone chasing the dream of a better tomorrow. But instead, month after month, they were left looking at empty land, at broken promises, at hope slipping away. The builder, missing. The money, gone. Legal tangles stretched on, and slowly, resignation set in.

But here’s the thing about people—sometimes, even when all doors seem shut, they find a way. That’s what these buyers did. Ordinary citizens, united in heartbreak but relentless in hope, dug their heels in. They banded together and said, “Not yet.” Through countless meetings, court dates, setbacks, and fresh disappointments, they kept fighting. And now, finally, there’s some light at the end of the tunnel.

The Earth Titanium Project, all 37.5 acres of it, is poised for a comeback. The push is being driven by the buyers’ association (UTCA), real estate veterans Splendor Group, no-nonsense support from GNIDA, and a turnaround road map crafted by YASA. It’s a collaboration built less on glitzy promises, and more on dogged determination.

HomeBuyers—The Real Heroes
It’s worth pausing here. If there is a story in this turnaround, the real headline has to be the buyers themselves. Across Noida and Greater Noida, more than a lakh homes are still in limbo. Yet, Earth Titanium’s buyers didn’t let their investment become a mere statistic. They united, refused handouts, and demanded justice. Their fight proves what a handful of determined citizens can achieve if they stick together.

Across India, more than 1,000 stalled housing projects have locked up over ₹10 trillion in capital, affecting about 432,000 homes. Of these, around 4.12 lakh stressed residential units are impacted, and nearly 2.40 lakh of them are located in the NCR alone.

This crisis could not have moved without decisive intervention, and that is where GNIDA stepped in.

GNIDA Steps Up
To its credit, the Greater Noida Industrial Development Authority hasn’t just watched from the sidelines. GNIDA has committed support, plans are being made, and the stated aim is ensure the promised units are built and delivered to the buyers, not just paperwork. Importantly, GNIDA’s involvement means long pending dues to the government might finally be recovered, offering a template for other projects caught in similar webs.

The region itself has seen dues of over ₹40,000 crore from stalled projects, leaving both homebuyers and government revenues waiting for resolution.

Without GNIDA’s single window clearances and active coordination, this revival would not have been possible. Their intervention has given confidence to buyers that the state is standing firmly with them, and has also shown the industry how authority led governance can fast track real estate resolutions.

With GNIDA’s framework in place, the responsibility of execution now rests with Splendor Group.

Splendor’s Promise
Splendor Group, known for putting up some of the region’s well recognized commercial and residential buildings, brings their solid credibility to the rescue. Their 40 yearrecord isn’t window dressing, they’ve pledged to clear all dues once the NCLT gives the go ahead, and crucially, to drive transparent and speedy construction this time around. For families who had all but given up, this is perhaps the first time in years that they can start thinking of actual delivery, not just empty promises.

Splendor has already delivered more than 10 million sq. ft. of residential and commercial projects across North India.

YASA Group: The ‘Turnaround’ Specialist
What’s changed this deadlock into an opportunity? Enter YASA Group, startup for stalled projects, with a reputation for rolling up sleeves and getting into the trenches. They’ve done the hard yards, navigating legal dead ends, bringing buyers, authority, and developers to the same table, and chalking out the kind of strategic roadmap NCLT proceedings require.

Across India, more than 400 projects are currently stuck in NCLT or similar litigation, making Earth Titanium’s resolution a potential blueprint for many others.

It is often said that if a project goes into NCLT, its completion is far from guaranteed, which makes Earth Titanium’s revival even more significant.

What they’re saying: Voices from the Frontline
ACEO (Land), GNIDA:
“We don’t see such unity every day,” says the official. “When buyers come together with this resolve, it demands a solution. Our job is to make sure the process does its job—for honest homebuyers, and for the state.”

Ms. Benu Sehgal, Splendor Group:
“We’re not here to just build, this is about restoring trust. Our affidavit to GNIDA is our assurance. When we clear dues after NCLT clearance, it’ll be a transparent and accountable process. Everyone gets what’s due to them, finally.”

Mr. Arvind Kumar Awasthy, UTCA:
“We fought for over a decade. Today, seeing the sides come together, we know unity works. We’re grateful to GNIDA, Splendor, and YASA. Let this be the start of many such stories.”

Piyush Pushpak, YASA Group:
“Our job is to solve. We mapped, we persuaded, we aligned everyone. Let this be the blueprint for other distressed projects countrywide.”

Looking Ahead
Earth Titanium’s revival attempt isn’t a fairy tale, but a reminder of what’s possible when buyers’ grit meets official support and developer accountability. This is also the first project in India to be revived from liquidation stage under NCLT proceedings. For hundreds of waiting families, hope is no longer just a word—it’s a plan in motion. For Noida, this could be the start of something big: stalled projects given new life, not just new headlines.

https://www.linkedin.com/company/yasa-group/?viewAsMember=true

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: SEPC Continues Order Momentum with Rs 32.63 Cr International Win for ADNOC Projects
Next Post: Dubai Fintech Startup SuperStable Hits USD 45M in Payment Volume Within Six Months of Launch

Related Posts

  • IIMA Endowment Fund wins Excellence in Finance Innovation – New Market Development Award Business
  • Youngest entrepreneur Ravi Kumar Sagar conferred with the prestigious Dr. Kalam Seva Puraskar Business
  • Power Couple Shobhit and Sweta Agarwal Launch MerchStudio Pvt. Ltd., Earning Trust of Top Brands with Premium Branded Merchandise Solutions Business
  • Svish Paves the Way for Sexual Health Awareness with New Isvish Delay Spray Business
  • Anu Ranjan on the occasion of Mother’s Day to Host BETI fashion fundraiser show Business
  • Alieus Hedge Fund Applies for AIF (Alternative Investment Fund) Registration in India Business

Recent Posts

  • Nikka Zaildar 4: Romance, Delays & Flood Relief — Punjabi Saga Returns With Heart and Hurdles
  • Prime Minister Narendra Modi Vijaya Dashami Greetings: 2025
  • Investing in an IPO: 7 Critical Strategies for Amazing Returns
  • Elixir Wellness Named Healthcare Startup of the Year at Entrepreneur India 2025
  • Shah Rukh Khan Becomes Bollywood’s First Billionaire | The Rise of the Billionaire Badshah

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Beyond Boundaries: Inspiring Business and Honorary Doctorate Awards 2024 Recognize Diverse Talent in 100+ Categories Lifestyle
  • Flawless Pharma Pvt Ltd to invest USD 100 Million in buyout of Assets & Patents in Hong Kong  and China Business
  • Leo Dryfruits & Spices Trading Acquires Assets of M/s Munchin Foods to Expand Presence in Savoury Snack Segment Business
  • ED Times honoured with Emerging Youth Media Startup 2025 at ET Now Business Conclave and Awards 2025 Business
  • Madhavbuag Imparts Scientific Evidence Based Disease Reversal Training to Uttarakhand Govt. Doctors Business
  • Yusuf Pathan inaugurates the 31st centre of Cricket Academy of Pathans (CAP) in Salem, Tamil Nadu Business
  • National Conference on Unity for Growth – A Collective March Towards Viksit Bharat National
  • Entrepreneur Mehdi Adel – The Maestro Social Media Influencer Business

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme