More than 90 unfinished realty projects to shut down in UP: UP-RERA

10 Aug 2021 CW Team

Amid the ongoing slowdown in the realty sector, over 90 unfinished realty projects will be shut down in Uttar Pradesh, said officials of the UP Real Estate Regulatory Authority (UP-RERA).

UP-RERA is a quasi-judicial body established in 2017 to safeguard the interest of this sector.

The officials said that the promoters have submitted applications for registration cancelation of their respective realty projects on multiple grounds.

As per the rules, a promoter has to register the realty project with the UP-RERA and get the registration number before launching it. Till now, 31 out of 91 realty projects have been shut down, the officials said.

According to the UP-RERA, promoters of these 91 realty projects had applied for registration between January 2018 and July 2021.

UP-RERA chairman Rajive Kumar said that once a promoter applies to cancel the registration number, they have to adhere to some conditions. If a promoter fulfills all the necessary conditions, then the cancellation of registration proceeds. As of now, 31 promoters have cancelled their registrations, and the remaining projects are pending.

Kumar said that the real estate sector is observing a positive sentiment, and the sales are picking up following the second wave of Covid-19. Out of the total 3,000 registered realty projects, only 91 projects want to cancel their registration. On average,15-20 new projects are being registered in a month, which shows the sector in UP is reviving.

According to the process, after promoters file applications for cancellation, they have to publish the same in newspapers so that the investors or homebuyers of those projects get a chance to file their objection pleas if any. Cancellation proceeds only after issues of buyers are settled amicably, Kumar added.

The regulator said that there are 3,000 registered projects in the state, of which around 60% are in Noida, Greater Noida, Ghaziabad, and the Yamuna Expressway region.

Image Source

Also read: MahaRERA invokes clause to extend registration validity of projects

Also read: RERA implemented in 30 states and UTs with 67k project registrations

Amid the ongoing slowdown in the realty sector, over 90 unfinished realty projects will be shut down in Uttar Pradesh, said officials of the UP Real Estate Regulatory Authority (UP-RERA). UP-RERA is a quasi-judicial body established in 2017 to safeguard the interest of this sector. The officials said that the promoters have submitted applications for registration cancelation of their respective realty projects on multiple grounds. As per the rules, a promoter has to register the realty project with the UP-RERA and get the registration number before launching it. Till now, 31 out of 91 realty projects have been shut down, the officials said. According to the UP-RERA, promoters of these 91 realty projects had applied for registration between January 2018 and July 2021. UP-RERA chairman Rajive Kumar said that once a promoter applies to cancel the registration number, they have to adhere to some conditions. If a promoter fulfills all the necessary conditions, then the cancellation of registration proceeds. As of now, 31 promoters have cancelled their registrations, and the remaining projects are pending. Kumar said that the real estate sector is observing a positive sentiment, and the sales are picking up following the second wave of Covid-19. Out of the total 3,000 registered realty projects, only 91 projects want to cancel their registration. On average,15-20 new projects are being registered in a month, which shows the sector in UP is reviving. According to the process, after promoters file applications for cancellation, they have to publish the same in newspapers so that the investors or homebuyers of those projects get a chance to file their objection pleas if any. Cancellation proceeds only after issues of buyers are settled amicably, Kumar added. The regulator said that there are 3,000 registered projects in the state, of which around 60% are in Noida, Greater Noida, Ghaziabad, and the Yamuna Expressway region. Image Source Also read: MahaRERA invokes clause to extend registration validity of projects Also read: RERA implemented in 30 states and UTs with 67k project registrations

Infrastructure Energy

04 Nov 2025

Dharan Infra-EPC Wins Rs 2.15 Bn Solar Project in Maharashtra

Dharan Infra-EPC has announced the signing of a Rs 2.15 billion agreement with Skymax Infrapower for the development of a 75 MW solar power plant in Maharashtra.The project, undertaken through the company’s wholly owned subsidiary — Dharan Infra Solar— includes design, engineering, procurement, supply, installation, testing, and commissioning of the 75 MW Alley Solar Project. The solar plant will be spread across nine sites in Nanded district and is slated for completion between FY 2025–26 and FY 2026–27.The agreement marks a continuation of Dharan Infra-EPC’s partnership with Skym..

Infrastructure Transport

04 Nov 2025

All Clear for Mumbai Coastal Road Extension, Work to Begin Soon: Piyush Goyal

Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal, announced that all major approvals and clearances for the Mumbai Coastal Road extension project have been secured, paving the way for construction to commence soon.The Coastal Road currently stretches from Marine Drive in South Mumbai to Worli, where it connects with the Bandra–Worli Sea Link. Future phases will extend the road northward to Versova and ultimately to Virar in Palghar district, significantly improving connectivity across the Mumbai Metropolitan Region.Once comp..

Infrastructure Transport

04 Nov 2025

Excavation Speeds Up for Goregaon–Mulund Tunnel

The launching shaft, measuring 200 meters in length, 50 meters in width, and 35 meters in depth, will act as the entry point for assembling and deploying the Tunnel Boring Machines (TBMs). Two state-of-the-art TBMs will be used for constructing the twin tunnels.All components of the first TBM have already arrived, with tunnelling expected to begin in August 2026. The second TBM’s components are scheduled to arrive by December 2025, and its assembly is planned for completion by October 2026, after which mining and boring operations will commence.The GMLR tunnel project—one of Mumbai’s mos..