NCLT appoints a two-member committee to hear the grievances of Jaypee Infratech allottees

NEW DELHI: The National Company Law Tribunal (NCLT) – Delhi has ordered the appointment of an independent expert committee to look into the grievances of the allottees of the Jaypee Infratech projects, now being developed by Suraksha Realty.The order was passed on February 12, 2026. The applications, filed by Ashwarya Sinha and Aditya Malhotra, advocates […]

Noida authority keeps rehabilitation lifeline open for builders who fail to pay 25% dues

NOIDA: Noida Authority has decided to keep the UP government’s rehabilitation policy for stalled real estate projects in force, even extending its benefits to developers who have not yet deposited the mandatory 25% of their recalculated dues – a move that offers new hope to thousands of homebuyers awaiting completion and registration of apartments.The Authority […]

SC asks Uttar Pradesh government for Amrapali Group’s files to expedite OC nod

“/>Supreme Court of India NOIDA: The Supreme Court has asked the UP government to submit documents related to issuance of completion certificates (CCs) and occupancy certificates (OCs) for Amrapali Group housing projects, saying the process should not be delayed by demands for papers that may no longer exist with the now-defunct developer. The court issued […]

SC order for Supertech Supernova gives hope to buyers of housing projects in limbo

NEW DELHI: By ordering roped in of a new developer to complete the Supertech Supernova project in Noida, which is currently insolvent, and removing the company’s former promoters, the insolvency resolution professional (IRP) and the committee of creditors (CoC), the Supreme Court has revived hopes among lakhs of homebuyers that other frozen housing projects can […]

The Cabinet approves new norms for approving construction plans on private land in Noida

LUCKNOW: The Uttar Pradesh Cabinet on Monday approved the New Okhla Industrial Development Authority (Building Construction on Land Transferred Through Exchange) Regulations, 2025, aimed at simplifying the approval process for construction plans on private land in the Noida region.The decision was taken at a cabinet meeting chaired by Prime Minister Yogi Adityanath. With the implementation […]

Dues not paid under rehabilitation policy, Greater Noida authority to crack down on builders

“/>Representative AI image NOIDA: Greater Noida Industrial Development Authority (GNIDA) has hired Currie and Brown to assess defaulting builders as it starts withdrawing benefits from defaulters of the stalled project policy. The measure is aimed at reviving stalled real estate projects, recovering Rs 1,382 crore of Rs 4,749 crore in dues. Despite challenges, 17,334 homes […]