Noida Authority Keeps Rehab Policy Open for Builders

Noida Authority retains UP rehab policy for stalled projects, reviews non-compliant builders case-by-case and gives more time for 25% dues to help homebuyers.

Noida Authority Keeps Rehab Policy Open for Builders

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TL;DR: Noida Authority keeps the UP rehabilitation policy active and will review non-compliant developers case-by-case.
Deposits, board approvals and registration camps will determine how quickly stalled flats get registered.

Noida Authority keeps rehab policy open

The Noida Authority has decided to continue the Uttar Pradesh rehabilitation policy for stalled real estate projects, offering relief to developers who have not yet paid the mandated 25% of recalculated dues. The board made clear there will be no blanket relief: non-compliant builders will be reviewed individually and any further concessions will require explicit board approval.

Key board decision and context

At its Jan 3 board meeting the Authority reversed an earlier plan to withdraw benefits and chose to keep the Dec 2023 state order in force. Earlier, the 219th board meeting on Oct 3 had moved to withdraw benefits in 19 cases where builders failed to deposit the initial 25% by the Oct 24 cutoff; accounts were being recalculated and fresh demand notices issued. The board now says those developers will be given additional time and their cases will be placed before the board if they come forward to deposit the advance.

Numbers at a glance

  • 57 projects covered (excluding Amrapali, Unitech and projects pending before NCLT).
  • 36 projects paid the full 25% recalculated dues; 11 made partial payments; 4 gave consent but paid nothing; 6 neither consented nor paid.
  • Rs 561 crore deposited toward the 25% advance and partial payments; total collections including instalments are Rs 872 crore.
  • 21,034 unregistered flats across the 57 projects; permission for registration granted for 6,855 flats but only 4,134 registrations completed (~60% of eligible stock).

Conditions and litigation

The Authority emphasised that projects under litigation, NCLT or subject to revision orders will be considered for benefits only after pending cases are withdrawn or disposed of, and after dues are recalculated to reflect zero-period reliefs for Covid disruptions or NGT-related construction bans.

Why registrations remain sluggish

Despite the policy push and registration camps being organised, many builders cite poor buyer response as a key hurdle limiting completed registrations. The Authority continues to hold registration camps and meetings with developers to boost the pace of formal transfers and registrations.

What builders and buyers should do now

Builders who haven’t paid the 25% should engage with the Authority early, prepare revised dues documentation and seek timely board consideration for any concessions. Homebuyers should attend registration camps, verify recalculated dues, ensure documentation is complete and track board decisions that affect project timelines.

Commercial and retail opportunities in Noida

While residential completions are being addressed under the rehab policy, the commercial and retail landscape in Noida remains active for investors and occupiers seeking immediate options. Consider established and upcoming retail and mixed-use projects such as Nirala Gateway: retail, studio and office spaces in Noida Extension, large mall-format developments like Sikka Mall of Noida: retail, office and food court spaces on Noida Expressway, or high-street schemes such as IThum 127: high-street retail and office spaces in Noida. These active listings can be an alternative for buyers and businesses seeking ready or faster-occupancy commercial options.

What to watch next: board reviews of non-compliant cases, the timeline for additional deposits by developers, and the outcomes of registration camps. Continued engagement between the Authority, builders and homebuyers will be critical to unfreezing stalled projects and improving registration completion rates.

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