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.