GNIDA Allows Partial Occupancy For Stalled Noida Projects
Real Estate

GNIDA Allows Partial Occupancy For Stalled Noida Projects

In a major relief for homebuyers and developers, the Greater Noida Industrial Development Authority (GNIDA) has announced that it will grant partial occupancy and completion certificates to developers who have made advance payments under the Uttar Pradesh government’s rehabilitation policy for stalled real estate projects.

The decision is expected to benefit thousands of buyers who have been waiting for their homes for years, as well as developers struggling with long-delayed projects in the Greater Noida region.

According to the new directive, developers who have deposited one-fourth of their recalculated dues — including the two-year zero period granted during the Covid-19 pandemic — and made subsequent payments towards the remaining balance, will now be eligible for occupancy and completion certificates in proportion to the payments made.

This change will help facilitate possession for buyers and reduce procedural delays that have hampered project delivery.

Under the rehabilitation policy notified in December 2023, developers were required to pay 25 per cent of their revised dues upfront, with the balance payable in instalments. The initial payment enabled them to obtain a No Dues Certificate (NDC), allowing construction to resume.

However, several projects remained stalled due to bureaucratic hurdles, as multiple no-objection certificates (NOCs) from government departments were required before further payments could be processed. Missing payment deadlines often rendered developers ineligible for subsequent NDCs, effectively halting progress.

The issue was taken up by the Confederation of Real Estate Developers’ Associations of India (CREDAI), NCR and Western Uttar Pradesh chapters, urging GNIDA to ease restrictions for compliant developers.

The latest decision addresses these concerns by allowing partial clearances tied to payment progress, which will enable both buyers to take possession and developers to generate liquidity through sales.

Officials said the move will also improve the Authority’s financial recovery, ensuring stalled projects return to the construction pipeline while protecting the interests of homebuyers and builders alike.

In a major relief for homebuyers and developers, the Greater Noida Industrial Development Authority (GNIDA) has announced that it will grant partial occupancy and completion certificates to developers who have made advance payments under the Uttar Pradesh government’s rehabilitation policy for stalled real estate projects. The decision is expected to benefit thousands of buyers who have been waiting for their homes for years, as well as developers struggling with long-delayed projects in the Greater Noida region. According to the new directive, developers who have deposited one-fourth of their recalculated dues — including the two-year zero period granted during the Covid-19 pandemic — and made subsequent payments towards the remaining balance, will now be eligible for occupancy and completion certificates in proportion to the payments made. This change will help facilitate possession for buyers and reduce procedural delays that have hampered project delivery. Under the rehabilitation policy notified in December 2023, developers were required to pay 25 per cent of their revised dues upfront, with the balance payable in instalments. The initial payment enabled them to obtain a No Dues Certificate (NDC), allowing construction to resume. However, several projects remained stalled due to bureaucratic hurdles, as multiple no-objection certificates (NOCs) from government departments were required before further payments could be processed. Missing payment deadlines often rendered developers ineligible for subsequent NDCs, effectively halting progress. The issue was taken up by the Confederation of Real Estate Developers’ Associations of India (CREDAI), NCR and Western Uttar Pradesh chapters, urging GNIDA to ease restrictions for compliant developers. The latest decision addresses these concerns by allowing partial clearances tied to payment progress, which will enable both buyers to take possession and developers to generate liquidity through sales. Officials said the move will also improve the Authority’s financial recovery, ensuring stalled projects return to the construction pipeline while protecting the interests of homebuyers and builders alike.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement