Supreme Court Clears Resolution Plan Work for Stalled Sushant Aquapolis Project

Infrastructure work permitted

The Supreme Court has enabled implementation of the resolution plan for the stalled Sushant Aquapolis housing project in Ghaziabad. The project was promoted by Ansal Urban Condominium Private Limited and its completion affects a substantial body of homebuyers.

The successful resolution applicant was permitted to develop a 24-metre-wide pathway along three boundaries of the project plot so that necessary applications could be made to the Ghaziabad Development Authority.

No title or exclusive access

The permission is subject to clear safeguards. Development of the road will not create title in favour of the resolution applicant or its assignees. Access to the completed project will be confined to one point selected by the development authority, will not be exclusive and must also accommodate the neighbouring respondent’s properties. The order aims to remove a practical obstruction to the resolution plan without deciding ownership in favour of the applicant.