India, Sept. 29 -- Greater Noida Realty firm Splendor Group has taken over the 37.5-acre project Earth Titanium which has remained stalled for a decade in Techzone 6area.

Officials said the company has settled a case related with corporate insolvency resolution pending in the national company law tribunal (NCLT) and has assured the Greater Noida authority to clear its land cost dues while also delivering the project to homebuyers soon.

The authority had handed over the project to Earth Iconic Infrastructures Private Limited in 2012, with the project condition that 100,000 square metres will be developed within 10 years. Around 1,000 homebuyers bought units in the project that was supposed to be developed on 37.5 acres meant for a specia...