In a significant development for India’s troubled real estate sector, Hawelia Group has announced an investment of Rs 770 crore to revive a long-stalled residential project in Greater Noida. The move, approved by the Uttar Pradesh Real Estate Regulatory Authority, is expected to bring relief to over 2,000 homebuyers whose funds have remained locked for years. By stepping in as a co-promoter, the Delhi-NCR-based developer aims to complete the 22-acre project and restore confidence in delayed housing ventures.