NCR Conciliation Forum resolved over 1,150 disputes of Rs 345 cr

08 Mar 2022 CW Team

The National Capital Region (NCR) Conciliation Forum of the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) told the media that it had resolved over 1,150 disputes between homebuyers and developers worth Rs 345 crore so far.

According to the UP-RERA, most of the disputes were from the allottees of the projects in Gautam Buddh Nagar, Ghaziabad, Meerut and Bulandshahr.

Many complaints were related to the delay in the registered sale deed, allotment of car parking slots, possession of the units to the allottees, power backup, shortcomings in project maintenance, matters of payment of interest on account of delay in possession, etc.

The Authority said that the NCR Conciliation Forum, with the constructive cooperation of the associations of the allottees and the promoters, has resolved over 1,150 disputes involving properties worth over Rs 345 crore through amicable settlement by the parties.

R D Paliwal, Conciliator at UP-RERA, said that the forum is the easiest way to resolve disputes of the home buyers under which the resolution brings the promoter and the consumer on a single platform, after having a detailed discussion and negotiation between the parties, in presence of the representatives of the allottees and the promoters, and moderation by the Conciliator.

He added that the entire model is a preferred time-saving dispute resolution process by the consumers and promoters.

According to UP-RERA, allottees can apply their cases online on their conciliation forum website.

Chairman of UP-RERA Rajive Kumar said consumer disputes are resolved through a mutual agreement under the aegis of the forum by balancing the conflicting views and interests of both parties.

He called upon the stakeholders to use the conciliation forum offices for resolving disputes.

Image Source

Also read: UP RERA recovers Rs 150 cr against 1000 recovery certificates

Infrastructure Urban

07 Oct 2025

Greta Minerals Doubles WA Exploration Land, Targets Lithium Supply for India

Greta Minerals Pte, part of Singapore-based Greta Group, has expanded its exploration footprint in Western Australia to 1,550 sq km, up from 700 sq km acquired in 2024.Nitesh Chaudhari, Chairman of Greta Group, said, “We are very happy to expand our landholding, encouraged by initial results from Ultrafine+ soil sampling at Gecko North. The geological corridor appears promising for lithium, gold, and other critical minerals.”The Gecko North Project, 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty, which now holds 37 gra..

Vedanta Extends Demerger Deadline to March 2026 Amid Pending Approvals

Vedanta, led by Anil Agarwal, has extended the deadline for its corporate demerger to March 31, 2026, as approvals from the National Company Law Tribunal (NCLT) and relevant government authorities are still pending, the company said in a regulatory filing. The deadline had earlier been extended from March 31, 2025, to September 30, 2025.The board stated, “Given that the conditions precedent in the Scheme, including NCLT approval and approvals from certain government authorities, are still in process, the timeline for fulfilment of these conditions has been extended to March 31, 2026.” The ..

MOIL Achieves Record September Production and Strong Q2 Performance

MOIL posted its best-ever September production of 1.52 lakh tonnes, up 3.8 per cent from the same period last year, reflecting robust operational performance. Exploratory core drilling also surged to 5,314 metre, a 46 per cent increase, highlighting the company’s focus on expanding its resource base.For Q2 FY26 (July–September 2025), MOIL achieved record quarterly production of 4.42 lakh tonnes, up 10.3 per cent year-on-year, and sales of 3.53 lakh tonne, growing 18.6 per cent over the same quarter last year. Exploratory drilling for the quarter reached 21,035 metre, marking a 4.1 per cent..