The Noida Authority has approved stringent measures to cancel allotments of residential plots that have remained vacant for over 12 years, marking a decisive step against non-compliant plot owners and defaulters under the city’s housing policies. The decision was taken during the 219th board meeting, chaired by Uttar Pradesh Infrastructure and Industrial Development Commissioner Deepak Kumar, reflecting the authority’s intent to ensure allocated land serves its intended purpose rather than being held idle for speculative gains.
Officials highlighted that numerous developers had failed to clear their dues despite receiving concessions under the state’s rehabilitation and stalled projects policies. In particular, 10 housing project promoters have not paid any land cost, 25 have made partial payments, and 35 paid only the initial 25% before halting further contributions. This widespread default has directly affected homebuyers, with registries for 3,724 apartments executed while an additional 5,758 units remain on hold pending dues clearance.
The authority’s decision also extends to interest concessions previously granted to defaulting developers under the ‘stalled legacy housing projects’ policy. The policy, implemented in 2023, allowed builders to pay 25% upfront with the balance over three years in exchange for interest waivers. However, the persistent failure of several developers to meet their obligations has prompted the Noida Authority to withdraw these benefits and adopt a more stringent approach toward dues recovery.
The move emphasizes the city administration’s commitment to curbing speculative landholding and accelerating housing development. Plots that remain unused beyond 12 years will see allotment cancellation, potentially opening them up for reassignment to active developers or allottees willing to adhere to construction timelines. The policy aims to address the prolonged delay in project completion that has impacted thousands of homebuyers awaiting possession.
Authorities have stressed that these steps are part of a broader effort to strengthen enforcement of existing regulations and ensure the intended use of land under the Noida Development Plan. The measure aligns with recommendations from the Amitabh Kant Committee on state rehabilitation policy, which suggested stricter accountability for developers failing to fulfill obligations in stalled projects.
By targeting both non-compliant plot owners and defaulting developers, the Noida Authority aims to improve the delivery of residential units and facilitate smoother completion of housing projects. The combined approach of cancelling long-vacant plots and withdrawing interest concessions reflects a strategic effort to reduce delays and enhance transparency in land allotment and project execution.
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