Noida, December 10, 2025: The Greater Noida Industrial Development Authority (GNIDA) is taking strict action against real estate developers who have failed to pay dues under the state government’s rehabilitation and stalled-projects policy. The move is aimed at reviving stalled projects and ensuring timely completion of housing units, while recovering pending amounts from defaulting builders.

GNIDA has hired consultancy firm Currie and Brown to conduct physical and drone surveys of projects to assess construction progress and identify pending work. So far, the authority has recovered Rs 1,382 crore from the total dues of Rs 4,749 crore. Despite challenges, 17,334 housing units have been registered under the policy. Last month, GNIDA’s board decided to withdraw all policy benefits from projects whose developers neither paid dues nor availed of the scheme.

Of the 98 projects identified under the policy in December 2023, 13 developers who paid all dues were granted a three-year window to complete construction. The remaining 85 projects, however, were issued demand notices for 25% of net dues, with recovery efforts complicated by court stays in over 50% of cases. Of the total dues, Rs 865 crore pertains to additional farmer compensation, which is currently stayed by the Allahabad High Court. Excluding these, GNIDA estimates Rs 2,502 crore as recoverable.

According to GNIDA ACEO Saumya Srivastava, the 98 projects fall into four groups based on payment status and legal position. The first group includes fully paid projects, such as 13 projects that deposited 100% dues and were granted zero-period extensions. Another 21 projects have paid premiums and lease rent but are awaiting court decisions on additional compensation. These projects are under physical assessment to track construction progress and delivery timelines.

The second group consists of 22 projects that deposited 25% of dues upfront and partial payments for the remaining balance. GNIDA has recovered Rs 482 crore from Rs 960 crore due in this category, though two large projects—AIMS Golf Town and SJP Infracon—still owe significant amounts. Many of these are affected by court stays, prompting GNIDA to initiate one-to-one discussions with developers for recovery.

The third group includes 16 projects that only paid the initial 25% and have not completed balance payments. Recovery certificates have been issued in three cases, while 12 remain under court stay. A special case is Patel Advance JV in Techzone-IV, where Rs 74 crore of Rs 301 crore dues has been paid but further recovery is on hold pending litigation. GNIDA is conducting detailed site-level verification before deciding next steps.

The fourth group involves 13 projects that have not paid even the initial 25% required under the policy, with net dues totaling Rs 1,180 crore. Only Rs 3 crore has been recovered, and five projects are under High Court protection. GNIDA plans to seek legal permissions to recover dues even where additional compensation recovery is stayed. Final notices will be issued, and policy benefits will be withdrawn for non-compliant developers, with coercive recovery action initiated if necessary.

By carefully categorizing projects, verifying site progress, and pursuing legal remedies, GNIDA aims to ensure accountability among developers, revive stalled real estate projects, and protect homebuyers’ interests in Greater Noida.

Greater Noida to Crack Down on Realtors Defaulting on Rehab Policy Dues

Greater Noida Industrial Development Authority (GNIDA) is taking firm action against real estate developers who have defaulted on dues under the state’s stalled-projects and rehabilitation policy. The aim is to revive stalled projects, recover pending dues, and ensure timely delivery of housing units to buyers.

GNIDA has appointed consultancy firm Currie and Brown to assess the progress of all identified projects using on-ground and drone surveys. Out of total dues of Rs 4,749 crore, the authority has so far recovered Rs 1,382 crore, while 17,334 housing units have already been registered under the policy. Developers who failed to pay dues or avail benefits have had their policy advantages withdrawn.

The 98 projects under the policy fall into four categories. The first includes 13 fully paid projects given a three-year window to complete construction, while 21 others await court decisions on additional compensation. The second group involves 22 projects that paid 25% upfront and partial balance, with recovery complicated for some due to court stays, including major projects like AIMS Golf Town and SJP Infracon.

The third group of 16 projects paid only the initial 25%, and GNIDA has issued recovery certificates in some cases. Court stays affect most of these, including Patel Advance JV in Techzone-IV, where dues are pending litigation resolution. The fourth group comprises 13 projects that have not paid even the initial 25%, with total dues of Rs 1,180 crore. GNIDA plans to issue final notices, withdraw benefits, and take legal steps to recover dues where possible.

Through these measures, GNIDA aims to ensure accountability, revive stalled real estate projects, and protect the interests of homebuyers in Greater Noida, sending a strong message to defaulting developers that compliance is mandatory.