UP govt resolving issues of housing projects which hit bottlenecks

02 Jul 2021 CW Team

The state government has received various suggestions for resolving the issues, according to the infrastructure and industrial development minister, and those are being looked into to protect the interests of homebuyers.

Many builders, including Amrapali, Jaypee Infratech, and Unitech, have failed to deliver their projects in Noida and Greater Noida, causing significant distress to thousands of homebuyers whose investments have been stalled for over a decade.

Infrastructure and Industrial Development Commissioner Sanjiv Kumar Mittal said the Greater Noida Authority reduced transfer charges by 50% at its last board meeting, and the Yamuna Authority has also reduced.

In the case of Jaypee Infratech, which has stranded over 20,000 buyers, the Mumbai-based Suraksha group recently received approval from financial creditors and homebuyers to take over the debt-ridden real estate firm.

After receiving all regulatory approvals to acquire Jaypee Infratech, the Suraksha group has promised to complete the flats in 42 months.

Amrapali has hired NBCC as a project management consultant to complete more than 20 projects.

The minister said that huge investments are coming to the state's electronics manufacturing, including Samsung's display unit.

Samsung has completed the construction of its display manufacturing unit in Noida, which was relocated from China.

All industrial development authorities have been directed to provide land to mega and above category industries within 15 days of receiving an application, and three companies have benefited so far from this preferential allotment system: Hiranandani Group, Adani Group, and Microsoft.

The state is providing fast-track incentives to new industrial units in the Poorvanchal, Madhyanchal, and Bundelkhand regions to create growth centres. In addition, under the post-Covid-19 Accelerated Investment Promotion Policy for Backward Regions 2020, investment applications worth Rs 1,400 crore with potential employment of 977 have been received.

Image Source

Also read: Maha govt nods cluster development for MHADA redevelopment in Pune

Also read: UP RERA has decided to organise National Lok Adalat on July 10

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Uttar Pradesh state minister Satish Mahana told the media that the government is trying to resolve stalled projects issues in Noida and Greater Noida to protect the interest of homebuyers who did not get possession of their houses. The state government has received various suggestions for resolving the issues, according to the infrastructure and industrial development minister, and those are being looked into to protect the interests of homebuyers. Many builders, including Amrapali, Jaypee Infratech, and Unitech, have failed to deliver their projects in Noida and Greater Noida, causing significant distress to thousands of homebuyers whose investments have been stalled for over a decade. Infrastructure and Industrial Development Commissioner Sanjiv Kumar Mittal said the Greater Noida Authority reduced transfer charges by 50% at its last board meeting, and the Yamuna Authority has also reduced. In the case of Jaypee Infratech, which has stranded over 20,000 buyers, the Mumbai-based Suraksha group recently received approval from financial creditors and homebuyers to take over the debt-ridden real estate firm. After receiving all regulatory approvals to acquire Jaypee Infratech, the Suraksha group has promised to complete the flats in 42 months. Amrapali has hired NBCC as a project management consultant to complete more than 20 projects. The minister said that huge investments are coming to the state's electronics manufacturing, including Samsung's display unit. Samsung has completed the construction of its display manufacturing unit in Noida, which was relocated from China. All industrial development authorities have been directed to provide land to mega and above category industries within 15 days of receiving an application, and three companies have benefited so far from this preferential allotment system: Hiranandani Group, Adani Group, and Microsoft. The state is providing fast-track incentives to new industrial units in the Poorvanchal, Madhyanchal, and Bundelkhand regions to create growth centres. In addition, under the post-Covid-19 Accelerated Investment Promotion Policy for Backward Regions 2020, investment applications worth Rs 1,400 crore with potential employment of 977 have been received. Image Source Also read: Maha govt nods cluster development for MHADA redevelopment in PuneAlso read: UP RERA has decided to organise National Lok Adalat on July 10

Infrastructure Urban

02 Jun 2026

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..

Infrastructure Urban

02 Jun 2026

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..

Infrastructure Transport

02 Jun 2026

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..