The 'Notibox' project by engineering team group 61 focuses on creating a notification box to alert users of letters in their mailbox, addressing issues like uncollected important letters and potential tampering. The system integrates a sensor, buzzer, and LED to provide timely notifications when the main door is opened. The project concludes that 'Notibox' is an affordable and efficient alternative to existing letter boxes, enhancing organization in users' lives.