Greater Noida: Reverse Insolvency Model a Game-Changer, 1918 Buyers Get Homes After 15 Yrs

• 1918 buyers in Greater Noida received possession of their flats after 15 years.
• The project was completed using the Reverse Insolvency Model, a first for Gautam Buddh Nagar.
• The model proved to be a "game-changer," bringing happiness to buyers.
• Construction restarted in October 2021 after the project went into insolvency in 2019, completing Phase 1 in two years.
• This case sets a historic precedent for transparent and collaborative insolvency processes in real estate.

Why It Matters: Reverse insolvency model delivered homes to 1918 buyers after 15 years.