Noida to give nod for execution of registries of 3,000 flats in 31 unfinished projects
1 year, 2 months ago

Noida to give nod for execution of registries of 3,000 flats in 31 unfinished projects

Hindustan Times  

The Noida authority on Monday said it is likely to issue permission for execution of registry of at least 3,000 ready apartments in 31 finished housing projects by offering them penal interest waivers under the new state government policy announced on December 19 to address the woes being faced by the real estate sector. The realtors of these 31 complete stalled housing projects have shown their intent to pay the land cost dues, after penal interest deductions, to become eligible for registries in the name of apartment buyers, who have been suffering for several years. “At least 20 of 31 complete housing projects have financial dues ranging from ₹3 crore to ₹100 crore and these are ready to use the scheme and obtain registry permission to offer relief to homebuyers. We hope that most of these developers will use the scheme and become eligible for flat registration,” said Saumya Srivastava, additional chief executive officer, Greater Noida authority.

Policy Housing Projects Crore Noida Dues Authority Realtors 31 Stalled Stalled Project  authority  3000  crore  realtors  noida  projects  policy  registries  unfinished  execution  flats  housing  nod  dues  31  stalled  project

History of this topic

Homebuyers Can't Suffer Due To NOIDA Authority's Failure To Fully Implement Project: Allahabad HC On Withholding Of Occupancy Certificate
1 month ago

Homebuyers Can't Suffer Due To NOIDA Authority's Failure To Fully Implement Project: Allahabad HC On Withholding Of Occupancy Certificate

Live Law  

Thereafter, Special Purpose Company had submitted integrated plan for development of the entire Sports City Plot No. In a plea concerning the development of Noida Sports City, the Allahabad High Court said that the homebuyers–some of whom had booked apartments in completed towers but where the builders were not granted permanent completion certificate–cannot be penalised due to New Okhla Development …

Noida authority seals 27 flats of Skytech Matrott over financial dues
3 months, 1 week ago

Noida authority seals 27 flats of Skytech Matrott over financial dues

Hindustan Times  

Noida: The Noida authority on Thursday sealed 27 apartments in Skytech Matrott housing society since the promoter has failed to clear dues amounting to ₹24 crore despite repeated notices. The Noida authority on Thursday sealed 27 apartments in Skytech Matrott housing society since the promoter has failed to clear dues amounting to ₹ 24 crore despite repeated notices. “We have …

Noida: Realtors asked to execute registry to homebuyers by Dec 31
3 months, 3 weeks ago

Noida: Realtors asked to execute registry to homebuyers by Dec 31

Hindustan Times  

The Greater Noida authority has asked realtors to ensure that all pending flat registries in their respective projects are executed in favour of homebuyers by December 31. else be ready to face the consequences. The authority will take action and will withdraw the relief on interest granted to housing projects following the recommendations of the Amitabh Kant Committee,” said Saumya …

Greater Noida body warns builders to initiate flat registry in 15 days
6 months, 3 weeks ago

Greater Noida body warns builders to initiate flat registry in 15 days

Hindustan Times  

The Greater Noida Industrial Development Authority has issued a stern directive to builders to initiate the flat registry process for buyers within 15 days, warning that non-compliance will result in severe consequences, including project cancellations and possible referral of cases to the Economic Offences Wing, said officials on Sunday. According to officials aware of the matter, builders who have failed …

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects
6 months, 4 weeks ago

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects

Hindustan Times  

Real estate developers in Noida and Greater Noida, in a letter to the state and central government as well the Noida and Greater Noida authorities, have demanded additional time, more waivers, relief from banks and other benefits to deliver stuck housing projects in the National Capital Region. The authority in its report to the state government on Saturday said they …

Good news for homebuyers! Noida authority approves maps of Unitech’s stuck housing projects
8 months, 3 weeks ago

Good news for homebuyers! Noida authority approves maps of Unitech’s stuck housing projects

Hindustan Times  

The Noida authority has approved the layout maps of housing projects being developed by Unitech Group, which is yet to deliver apartments to thousands of homebuyers who have been waiting for over a decade to get their homes. With the layout approval, Unitech can now resume work on incomplete projects and deliver homes to buyers, said Noida authority officials on …

Noida authority to act against 12 realtors for not paying dues
10 months ago

Noida authority to act against 12 realtors for not paying dues

Hindustan Times  

The Noida authority on Thursday said it has decided to take stringent action against realtors who are yet to clear their land dues, despite the government announcing a policy last December that gave builders a chance to avail of rebates on interest rates and clear dues. There are 57 defaulter projects in Noida, and of these, developers of around 30 …

Noida secured investment of ₹1 lakh crore after allotting 149 plots in 2023-24
10 months, 1 week ago

Noida secured investment of ₹1 lakh crore after allotting 149 plots in 2023-24

Hindustan Times  

The Noida authority allotted land to at least 149 projects, including IT, corporate houses. In last one year, 448 investors have signed memorandums of understanding with the state government, which refers these proposals to the respective industrial bodies. The Noida authority compiled a report about the investment proposals that have materialised on the ground, following an instruction from the state …

Noida directs real estate developers to pay dues, obtain registry permission
10 months, 2 weeks ago

Noida directs real estate developers to pay dues, obtain registry permission

Hindustan Times  

The Noida authority on May 9 directed real estate developers to clear their dues and obtain permission for registry of the apartments in favour of thousands of home-buyers who have been suffering for last many years. The authority has made it clear during a meeting held with the realtors on Wednesday in Greater Noida’s Knowledge Park-IV office that if they …

Greater Noida authority holds talks with builders on homebuyer registry
10 months, 3 weeks ago

Greater Noida authority holds talks with builders on homebuyer registry

Hindustan Times  

The Greater Noida Industrial Development Authority on Wednesday held a meeting with real estate developers from industry body CREDAI, directing them to pay dues soon and ensure registry of flats in scores of projects in the area. He asked the builders who have not deposited 25 per cent of the total outstanding amount on their projects to make the payment …

UP govt asks Noida, Greater Noida to cancel allotments of realtors who still have land dues
10 months, 3 weeks ago

UP govt asks Noida, Greater Noida to cancel allotments of realtors who still have land dues

Hindustan Times  

Uttar Pradesh’s additional chief secretary Manoj Kumar Singh has directed the Noida, Greater Noida and the Yamuna Expressway authorities to start cancelling allotments made to realtors. NThe policy was meant to help a large section of homebuyers in Noida, Greater Noida and Yamuna expressway areas, where an estimated 240,000 to 350,000 housing units are currently lying stalled owing to several …

78 home-buyers in Noida Sec 107 get flat registry
11 months ago

78 home-buyers in Noida Sec 107 get flat registry

Hindustan Times  

The Noida authority on Monday said it has executed the registry of 78 homebuyers in Great Value Sharnam housing society in Sector 107 after the realtor paid 25% of his total dues against the housing project. The authority set up a camp in the society to make sure buyers execute registry with ease instead of going to the government office …

Noida: Proposal for homeowners to pay more for registering flats mooted
11 months ago

Noida: Proposal for homeowners to pay more for registering flats mooted

Hindustan Times  

NOIDA: The resolution professional, appointed by National Company Law Appellate Tribunal for Supertech Limited’s six pending housing projects in Noida and Greater Noida, has suggested that if buyers opt to pay additional money against their apartment, he can register the property since registration is possible only after the Noida Authority’s land cost dues are paid up. According to Hitesh Goel, …

Noida directs 42 real estate developers to clear dues; obtain permission for executing registry
11 months, 2 weeks ago

Noida directs 42 real estate developers to clear dues; obtain permission for executing registry

Hindustan Times  

The Noida authority has directed 42 of the 57 realtors to pay their dues and obtain permission for executing registry, thereby offering relief to homebuyers who have been waiting for long to transfer flats to their names. The Noida authority said in the meeting, it was confirmed that 42 of 57 realtors have given their consent to make payment of …

Noida and Greater Noida flat registries: 5 things homebuyers should know
11 months, 4 weeks ago

Noida and Greater Noida flat registries: 5 things homebuyers should know

Hindustan Times  

Noida authority has said that it has given permission for the registry of a total of 13,639 apartments after real estate developers of 35 housing projects gave their consent to clear their financial dues. After deducting the penal interest, these 35 developers have given their consent to pay 25% of total dues to become eligible for the registry of the …

Noida authority allows registration of 13,639 apartments
11 months, 4 weeks ago

Noida authority allows registration of 13,639 apartments

Hindustan Times  

The Noida authority on Sunday said that it has given permission for the registry of a total of 13,639 apartments as realtors of 35 housing projects have given their consent to clear their financial dues. The Noida authority gives permission for the registry after a developer pays 25 percent of their total dues as per the policy approved by the …

Legacy stalled projects: 1,366 home registries done in March in Greater Noida
11 months, 4 weeks ago

Legacy stalled projects: 1,366 home registries done in March in Greater Noida

Hindustan Times  

Noida, In March 1,366 flat buyers across 16 legacy stalled projects in Greater Noida got their registries done to get ownership rights of their homes after years of delay in line with recommendations of an expert panel led by Amitabh Kant, officials said on Sunday. HT Image The local Greater Noida Industrial Development Authority said it has issued letters to …

Yeida to issue registry permission for 10k apartments
1 year ago

Yeida to issue registry permission for 10k apartments

Hindustan Times  

GREATER NOIDA: The Yamuna Expressway industrial development authority has decided to issue registry permission for at least 10,000 apartments in nine stalled housing projects, as the promoters have agreed to clear their land cost dues, the authority’s officials said on Sunday. Chief minister Yogi Adityanath, under his government’s campaign to address homebuyers’ plight, had okayed a “stalled legacy housing project” …

Builders agree to pay dues, Noida authority gives nod to process registries of 13,600 flats
1 year, 1 month ago

Builders agree to pay dues, Noida authority gives nod to process registries of 13,600 flats

Hindustan Times  

The Noida authority has decided to give permission for executing registries of at least 13,600 apartments in 35 stalled housing projects after the respective real estate developers gave their written consent to pay land dues. The 35 projects in Noida where registries will take place include Hyde Park in Sector 78, Prateek Fedora in Sector 61, Apex Homes in Sector …

Stalled real estate projects: Noida Authority tells realtors to opt for relief package and clear dues by Feb 22
1 year, 1 month ago

Stalled real estate projects: Noida Authority tells realtors to opt for relief package and clear dues by Feb 22

Hindustan Times  

The Noida Authority has fixed February 22 as the last date for realtors to accept a waiver and clear their land cost dues in accordance with the terms of a realty policy, notified by the Uttar Pradesh government last December, officials in the know of the matter said on Thursday. Noida Authority has fixed February 22 as the last date …

Noida: Feb 22 is last date to take waiver and clear dues, realtors told
1 year, 1 month ago

Noida: Feb 22 is last date to take waiver and clear dues, realtors told

Hindustan Times  

The Noida authority has fixed February 22 as the last date for realtors to accept a waiver and clear their land cost dues in accordance with the terms of a realty policy, notified by the Uttar Pradesh government last December, officials in the know of the matter said on Thursday. “We have fixed February 22, 2024, as the last date …

Five real estate developers in Noida pay their land dues, obtain permission for registration of housing units
1 year, 2 months ago

Five real estate developers in Noida pay their land dues, obtain permission for registration of housing units

Hindustan Times  

In a move that could bring relief to homebuyers, at least five real estate developers have paid a portion of their land dues and obtained permission for executing registries of 1084 apartments in Noida, officials in the authority in the know of the matter said. In a move that could bring relief to homebuyers, at least five real estate developers …

Nearly 2.5 lakh homebuyers to benefit as Amitabh Kant committee recommendations get UP govt nod
1 year, 3 months ago

Nearly 2.5 lakh homebuyers to benefit as Amitabh Kant committee recommendations get UP govt nod

Hindustan Times  

The Uttar Pradesh Cabinet on December 19 approved the recommendations of Amitabh Kant committee on delayed real estate projects, bringing relief to lakhs of aggrieved homebuyers who have been waiting to receive possession of their homes, some of which are stuck for more than a decade. The Uttar Pradesh Cabinet on December 19 approved the recommendations of Amitabh Kant committee …

Over 3,000 flats registered in 3 months in Greater Noida, 6,000 expected by Diwali
1 year, 5 months ago

Over 3,000 flats registered in 3 months in Greater Noida, 6,000 expected by Diwali

Hindustan Times  

Over 3,000 homebuyers have got their flats registered in the past three months, the Greater Noida Industrial Development Authority has said, adding that the number of registrations is expected to reach 6,000 by Diwali. "From July 26 till now, flats have been registered in the names of 3,016 buyers," Greater Noida Industrial Development Authority said in a statement on Wednesday. …

Central committee proposes several measures to provide relief to homebuyers in UP. Know all suggestions here
1 year, 7 months ago

Central committee proposes several measures to provide relief to homebuyers in UP. Know all suggestions here

India TV News  

In lieu of several stalled real estate projects in Uttar Pradesh that have adversely affected prospective homebuyers, an expert committee has proposed several measures, such as introducing changes in the insolvency law, to provide relief for builders so they can complete their projects and hand over the buildings to buyers. According to a report by Hindustan Times, the central committee …

Noida admin attaches flats, villas worth more than Rs 344 cr over dues on builders
3 years, 8 months ago

Noida admin attaches flats, villas worth more than Rs 344 cr over dues on builders

India TV News  

Noida admin attaches flats, villas worth more than Rs 344 cr over dues on builders ​The Gautam Buddh Nagar administration Wednesday attached flats, villas and land plots worth Rs 344.23 crore over the non-payment of dues by 32 real estate developers, according to an official order. The Gautam Buddh Nagar administration Wednesday attached flats, villas and land plots worth Rs …

Noida Authority to set up start-up hub, approves Rs 4640 crore budget during 199th board meet
4 years, 7 months ago

Noida Authority to set up start-up hub, approves Rs 4640 crore budget during 199th board meet

India Today  

Noida Authority held its 199th Board Meeting in the presence of Chairman Alok Tandan, CEO Ritu Maheshwari and other senior officials. Chief Executive Officer of the Noida Authority, Ritu Maheshwari said in a tweet, "Decisions taken: Zero-period facility for unfinished group housing projects has been extended to 31.12.2021; Interest on dues to Authority has been revised as per SBI MCLR …

25,000 flats can be delivered in 3 months if penalty waived: Builders to UP CM Yogi Adityanath
5 years, 9 months ago

25,000 flats can be delivered in 3 months if penalty waived: Builders to UP CM Yogi Adityanath

Live Mint  

Noida : Around 25,000 to 30,000 flats can be delivered to buyers within three months if local authorities in Noida and Greater Noida waive some dues to developers, a group of builders told Uttar Pradesh Chief Minister Yogi Adityanath on Friday. Adityanath, who arrived in Greater Noida this afternoon to review performance of local authorities, also held a meeting with …

Amrapali buyers worry Greater Noida authority won’t finish 35,000 flats
5 years, 10 months ago

Amrapali buyers worry Greater Noida authority won’t finish 35,000 flats

Hindustan Times  

A day after the Supreme Court said that it would hand over Amrapali Group’s stuck housing projects to the Greater Noida and the Noida authorities, the homebuyers on Thursday expressed concerns that the debt-ridden Greater Noida authority would be able to finish around 35,000 flats. “The cash-rich Noida authority can easily arrange funds to finish flats in Amrapali’s projects. Therefore, …

Yogi govt cracks whip on errant developers, orders arrest of 8 Noida builders for failing to deliver flats
7 years, 3 months ago

Yogi govt cracks whip on errant developers, orders arrest of 8 Noida builders for failing to deliver flats

India TV News  

A group of ministers set up by the Yogi Adityanath-led government in Uttar Pradesh to sort out the real estate mess in Noida is learnt to have directed the city administration to arrest eight errant builders for failing to deliver over 5,000 flats to homebuyers. While Noida Authority has conveyed to the committee that 11,000 flats will be delivered in …

A year on, Noida recovers from cash ban, Gurgaon lags
7 years, 4 months ago

A year on, Noida recovers from cash ban, Gurgaon lags

Hindustan Times  

The perceived slowdown in the real estate industry in Gurgaon, coupled with demonetisation on November 8 last year, has ensured that there is not much work for labour both in organised and unorganised markets. Experts said that another reason why real estate and construction sectors have failed to rise from the slump is that a large majority of apartment buyers …

Noida DM to homebuyers: Come up with plan to track progress of project
8 years, 5 months ago

Noida DM to homebuyers: Come up with plan to track progress of project

Hindustan Times  

Homebuyers in projects across Noida and Greater Noida who are yet to receive possession of flats in housing complexes met the district magistrate of Gautam Budh Nagar, NP Singh, on Wednesday. Scores of homebuyers, a majority of whom have purchased flats in projects by Amrapali builders, complained about delayed possession, no completion certificate from the authority and a lack of …

2.5 lakh Noida Extension flats get clearance from NCR planning board
12 years, 7 months ago

2.5 lakh Noida Extension flats get clearance from NCR planning board

India TV News  

Noida, Aug 25: Nearly Rs 15,000 crores invested by builders in Noida Extension building projects will not go waste as the NCR Planning Board on Friday approved the revised draft of the Greater Noida Master Plan-2021. So far buyers have shelled out nearly Rs 1,500 cr for booking the flats.Chaired by Urban Development Minister Kamal Nath, the NCR Planning Board …

Noida Extension Flat Buyers To Move High Court
13 years, 8 months ago

Noida Extension Flat Buyers To Move High Court

India TV News  

Noida, July 20: Members of Noida Extension Flat Buyers' Welfare Association are going to file a petition in the Allahabad high court before July 21, when petitions of about 5 villages in the area are listed for hearing, says a Business Standard report. "While the judgement in Shahberi case has affected 5,000-6,000 flat buyers, the fate of almost 95,000 flat …

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