Skytech Group pays 25 percent of Dues Under Special Scheme, Big Relief to Homebuyers of Skytech Matrott

New Delhi [India], January 02: In a significant move towards resolving pending issues for homebuyers, Skytech Group, under the leadership of Mayank Chawla, has cleared 25% of its outstanding dues amounting to Rs. 6.05 crore of the Noida Authority. This payment has been made under the special scheme introduced by Amitabh Kant, aimed at addressing long-standing real estate challenges in the region.

This development brings much-needed relief to homebuyers of Skytech Matrott, a residential project in Sector 76, Noida, as it paves the way for the resumption of flat registrations, which have been pending for some time. Additionally, sealed flats within the project will be reopened by the Noida Authority, marking a crucial step towards resolving the project’s pending issues and restoring buyers’ confidence.

Mayank Chawla, Managing Director, Skytech Group stated, With this step, the pending sublease deeds will be completed with the support of Noida Authority”

Homebuyers, who have been eagerly awaiting the resolution of this matter, welcomed the move. The reopening of sealed flats by the Noida Authority is expected to further expedite the process of handing over flats to rightful owners.

The Noida Authority’s initiative, supported by the efforts of developers like Skytech Group, reflects a concerted effort to address the challenges of stalled real estate projects in the city, ensuring better outcomes for homebuyers.

About Skytech Group

Skytech Group is a prominent real estate developer known for its commitment to quality and timely delivery of residential projects. With several residential and commercial projects in its portfolio, the group has played a key role in shaping Noida’s urban landscape.

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Business

Vivid Electromech Limited Secures Orders Worth Rs 52.81 Cr Across Solar & Wastewater Projects

Mumbai (Maharashtra) [India], August 27: Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, has announced that the Company has received a Letter of Intent and purchase orders aggregating to ₹52.81 Cr, excluding taxes from three entities covering solar cell manufacturing, solar park and wastewater management projects. Order Details Total Order […]

Read More
affordable appliances africa expansion buchanan sez Business Cellecor Gadgets consumer electronics dilution risk dixon technologies EBITDA Margin fccb liberia manufacturing lnpr capital main board migration NSE Emerge operating cash flow pg electroplast research report Revenue Growth sebi registered analyst stock analysis watchlist constructive

Cellecor Gadgets: LNPR Capital Initiates Coverage, Sees Main Board Migration and Africa Expansion as Key Catalysts

Mumbai (Maharashtra) [India], August 27: Cellecor Gadgets Limited is emerging as a fast-growing affordable consumer electronics and appliances brand, with its expanding distribution network, improving margins and international expansion plans drawing attention from investors. In its research report dated August 26, 2026, SEBI-registered research firm LNPR Capital placed the stock on a “Watchlist — Constructive” […]

Read More
Business

Beyond Chatbots: How Two Indian Tech Innovators Built the World’s First ‘Honest AI’ Grounded in Ancient Philosophy

Dubai [UAE], August 27: At a time when Big Tech giants are pouring hundreds of billions of dollars into training generative AI models that are persuasive, conversational, and often dangerously hallucinatory, two Indian enterprise veterans are leading a quiet, civilizational revolution with HiMirrorly.com. The groundbreaking platform HiMirrorly.com, hailed by industry insiders as the world’s first […]

Read More