UP builders who accepted rehab but haven’t paid advance may lose land
ECONOMY & POLICY

UP builders who accepted rehab but haven’t paid advance may lose land

Developers who have opted for the Uttar Pradesh government's rehabilitation package but have yet to pay 25% of their recalculated dues as an advance may face severe consequences, including losing their lease deeds, allotted plots, or even unsold inventory.

During a review meeting, Chief Minister Yogi Adityanath assessed the status of projects that have not adhered to the guidelines and directed the three development authorities in Gautam Budh Nagar to take strict action against them. Officials indicated that the Noida Authority is planning a three-pronged approach: cancelling lease deeds for defaulting projects, seizing idle land, and taking over unsold inventory.

In Noida, 57 projects were deemed eligible for the government's package, based on the recommendations of a committee led by former Niti Aayog member Amitabh Kant. Of these, 27 developers opted for a two-year zero period waiver as part of the package and paid 25% of the revised dues in advance. However, 14 projects made partial payments, and 16 have not made any payments at all. These 30 developers have already received ultimatums, and the proposed actions are now imminent.

Similar actions are being planned against developers, industrialists, and businessmen who have failed to complete construction within the deadlines. This decision was also made during a meeting on Saturday.

The crackdown will extend to builders of commercial and institutional projects, as well as companies with allotted industrial plots. Noida Authority CEO Lokesh M. reviewed the status of vacant plots and instructed officials to include them in future schemes. Senior managers were also directed to curb unauthorised constructions and encroachments, and to secure reclaimed land by constructing boundary walls.

The meeting also addressed several infrastructure and public amenities issues, including the redevelopment of four model roads, painting central verges and footpaths, installing cat eyes, reflectors, signage, and lights, fixing hanging electrical cables, and enhancing overall aesthetics.

Officials were instructed to inspect public toilets, rectify deficiencies, and improve their designs. The public health department was urged to address low employee attendance in the morning shifts. Last week, a showcause notice was issued to the general manager of public health, SP Singh, for the lack of cleanliness in the city.

Additionally, the meeting reviewed the issue of underground electrical cables crossing roads, with instructions to construct slabs where necessary. The progress of installing CCTV cameras in areas prone to waterlogging was also assessed.

(ET)         

Developers who have opted for the Uttar Pradesh government's rehabilitation package but have yet to pay 25% of their recalculated dues as an advance may face severe consequences, including losing their lease deeds, allotted plots, or even unsold inventory.During a review meeting, Chief Minister Yogi Adityanath assessed the status of projects that have not adhered to the guidelines and directed the three development authorities in Gautam Budh Nagar to take strict action against them. Officials indicated that the Noida Authority is planning a three-pronged approach: cancelling lease deeds for defaulting projects, seizing idle land, and taking over unsold inventory.In Noida, 57 projects were deemed eligible for the government's package, based on the recommendations of a committee led by former Niti Aayog member Amitabh Kant. Of these, 27 developers opted for a two-year zero period waiver as part of the package and paid 25% of the revised dues in advance. However, 14 projects made partial payments, and 16 have not made any payments at all. These 30 developers have already received ultimatums, and the proposed actions are now imminent.Similar actions are being planned against developers, industrialists, and businessmen who have failed to complete construction within the deadlines. This decision was also made during a meeting on Saturday.The crackdown will extend to builders of commercial and institutional projects, as well as companies with allotted industrial plots. Noida Authority CEO Lokesh M. reviewed the status of vacant plots and instructed officials to include them in future schemes. Senior managers were also directed to curb unauthorised constructions and encroachments, and to secure reclaimed land by constructing boundary walls.The meeting also addressed several infrastructure and public amenities issues, including the redevelopment of four model roads, painting central verges and footpaths, installing cat eyes, reflectors, signage, and lights, fixing hanging electrical cables, and enhancing overall aesthetics.Officials were instructed to inspect public toilets, rectify deficiencies, and improve their designs. The public health department was urged to address low employee attendance in the morning shifts. Last week, a showcause notice was issued to the general manager of public health, SP Singh, for the lack of cleanliness in the city.Additionally, the meeting reviewed the issue of underground electrical cables crossing roads, with instructions to construct slabs where necessary. The progress of installing CCTV cameras in areas prone to waterlogging was also assessed.(ET)         

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?