UP real estate authority forms Greater Noida bench to hear disputes

Projects totaling over 250,000 housing units stuck in UP, particularly in the NCR

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has decided to set up an exclusive bench in Greater Noida to hear housing and realty sector cases.

The Greater Noida bench will hear cases pertaining to Gautam Budh Nagar (Greater Noida and Noida), Yamuna Expressway Authority, Ghaziabad and Meerut, all in the National Capital Region (NCR).

Estimates suggest realty projects to the tune of Rs 400 billion and totaling 250,000 housing units are stuck at various stages in Uttar Pradesh, particularly in the NCR region, as builders struggle to complete projects and meet timelines due to overcapacity and financial crunch.

Chief