UP RERA Removes 22 Projects from Abeyance List: Boost for Homebuyers & Real Estate Growth

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has taken a significant step towards revitalizing the state’s real estate market by removing 22 stalled projects from its “abeyance list.” This decision allows resumption of construction activities across these projects, affecting over 8,856 housing and commercial units in key districts including Noida, Greater Noida, and Ghaziabad. This move not only provides major relief to thousands of homebuyers facing long delays but also signals renewed growth and transparency in Uttar Pradesh’s property sector.

What is the UP RERA Abeyance List?

The abeyance list was introduced by UP RERA in July 2024 as part of its regulatory oversight on real estate projects. This list comprises projects that failed to submit critical compliance documents such as land ownership records, building plans, and unit inventories on the RERA portal despite multiple notices. The suspension of these projects aimed to protect homebuyers from fraudulent or poorly documented developments by halting construction until promises of transparency and legality were fulfilled.

Initially, nearly 400 projects across multiple districts were placed on this abeyance list, spanning residential complexes, plots, and commercial properties. This strict regulatory measure underscored UP RERA’s commitment to cleaning up the real estate sector and ensuring only compliant projects move forward.

Projects Cleared from Suspension

Recently, UP RERA announced the removal of 22 projects from the abeyance list after promoters uploaded the required documentation and complied with regulatory standards. These projects are located across seven districts: Gautam Buddh Nagar (Noida and Greater Noida), Ghaziabad, Lucknow, Agra, Meerut, Jhansi, and Hathras.

Notable projects include:

• In Noida and Greater Noida: Jaypee Greens Garden Isles, Greenbay Golf Homes, Galactic City, and Prateek Wisteria
• In Ghaziabad: Officer City-2 Phase-2, Shalimar City Phase-2, KK Aggarwal Tower, and Milan Vihar Apartments

Together, these projects comprise more than 8,800 units, including flats, commercial shops, and plots. The resumption of work on these projects is expected to alleviate the concerns of approximately 8,856 homebuyers who had been waiting for completion and handover for several years.

Impact on Homebuyers

The lifting of restrictions on these projects is a game-changer for many homebuyers who faced uncertainty and financial strain due to stalled construction. Key benefits for buyers include:

• Restoration of trust through UP RERA’s strict verification and documentation requirements
• Resumption of construction work leading to faster project completion and possession timelines
• Legal protection ensured by RERA’s regulatory framework, which requires promoters to adhere to strict disclosure norms
• Increased confidence among investors and buyers about the accountability of developers in Uttar Pradesh

Buyers in major urban hubs like Noida benefit greatly as these localities are among the fastest-growing real estate markets in North India, driven by infrastructure projects and economic development.

Economic and Market Implications

Resuming work on these projects will stimulate economic activity in Uttar Pradesh’s real estate sector. Important implications include:

• Boost to construction activity creating direct and indirect employment opportunities
• Increased demand for building materials, labor, and allied services fueling related industries
• Improved market sentiment leading to higher investment inflows in the housing and commercial property markets
• Enhanced transparency and regulatory compliance reinforcing Uttar Pradesh as a favorable real estate investment destination

The government and regulatory authorities’ proactive measures reflect their intent to bring credibility and growth to the sector, benefiting multiple stakeholders.

UP RERA’s Role in Real Estate Transparency

UP RERA’s stringent actions, including the abeyance list, are designed to instill transparency, discipline, and trust in the rapidly growing real estate market of Uttar Pradesh. By enforcing compliance, UP RERA protects buyers from unscrupulous developers and reduces the incidence of project delays and cancellations.

Chairman Sanjay R. Bhoosreddy emphasized that these regulatory measures underline the authority’s commitment to consumer rights and orderly real estate development. The removal of these 22 projects from suspension demonstrates the success of this approach, balancing regulatory oversight with facilitation of genuine project progress.

How Buyers Can Verify Project Status

Homebuyers are encouraged to check the UP RERA official website and portal for the current status of projects, including any that are on the abeyance list or have been removed. Key tips include:

• Confirm project registration and status on UP RERA’s portal
• Review documentation uploaded by the promoter such as land title and approved plans
• Keep track of updates and notifications issued by UP RERA
• Reach out to UP RERA’s grievance cell for assistance on pending queries or concerns

Proactive verification helps buyers make informed decisions and avoid investment risks.

Conclusion: A Positive Step Forward

The removal of 22 projects from UP RERA’s abeyance list marks a decisive victory for homebuyers and a new chapter for Uttar Pradesh’s real estate landscape. This action reinforces regulatory accountability, enhances project transparency, and unlocks growth potential in key districts.

As construction resumes, thousands of homebuyers can look forward to timely possession, and the state’s economy benefits from revived real estate activities. UP RERA’s steady hand continues to raise the bar, ensuring safer and more trustworthy real estate investments in Uttar Pradesh.