68 Noida Group Housing Projects Fail to Obtain Occupancy Certificate: Noida Authority Publishes Defaulter Builders’ List

For years now, the Noida authority has been working towards the betterment of the city and ensuring that people living in the city get what they ask for. For any builder to establish any development within the city, they must follow the rules and regulations regulated by them failing which appropriate measures can be taken.

In recent news, the Noida Authority has published a list of defaulter builders who have failed to obtain an occupancy certificate for their group housing projects. The list includes 68 such projects that have been deemed defaulters as they owe money to the Authorities.

If the numbers are to be believed, around 40,000 Cr. has to be paid to the authorities. Among that, a sum total of 26,000 cr. is to be given to the Noida Authority while the remaining 14,000 Cr. is to the Greater Noida Authority.   

An occupancy certificate is a crucial document that certifies that a building is safe for occupancy and has been constructed in accordance with the approved building plan. Without this certificate, a building is considered illegal and cannot be occupied by residents.

Breakdown of the List By Noida Authority

If we understand the breakup of the list, around 15 builders are undergoing insolvency proceedings at the NCLT (National Company Law Tribunal), 30 projects on the list are incomplete and the registries have been stopped due to pending dues, and lastly, 22 developers on the list have completed their projects but the registries are not open due to their pending dues.

The Noida Authority has been cracking down on illegal constructions and has been taking strict action against builders who fail to comply with building norms. The publication of the defaulter builders’ list is a part of this crackdown and is aimed at bringing transparency and accountability to the real estate sector.

The list includes prominent builders and developers who have been operating in Noida for many years. These builders have been given ample opportunities to comply with building norms and obtain the necessary certifications, but they have failed to do so. This has not only put the safety of the residents at risk but has also impacted the reputation of the entire real estate sector.

The authorities have however come up with a repayment scheme that says around 20% of the payment should be done upfront while the remaining can be done within the next 2 years to get their names removed from the list.  As it seems, around 7 to 8 builders have given green light to this policy.

Projects Under the NCLT

• M/S SUPERTECH LTD WITH INCLUDE ORB         GH-01/A/74
• M/S AJNARA INDIA LTD.                         GH-01/B/74
• M/S RED FORT JAHANGIR PROPERTIES PVT. LTD.            GH-003/100
• M/s GRANITE GATE PROPERTIES PVT. LTD.              GH-05/110
• IVRCL INFRASTRUCTURE & PROJECT LTD   GH-002/119
• M/s SHUBHKAMNA BUILDTECH PVT. LTD.              GH-05/B/137
• M/s Logix City Developers P. Ltd.               GH-02 /143
• M/S THREE C PROJECTS PVT. LTD.              GH-01/A/168
• M/s TODAY HOMES NOIDA PVT. LTD        GH-01/135
• M/s SUPERTECH LTD.      GH-03/137
• M/s GSS PROCON PRIVATE LIMITED         GH-01/C/143B
• M/S OPULENT INFRADEVELOPERS PVT. LTD.         GH-01/B/168
• M/S HACIENDA PROHECTS PVT. LTD.        GH-01/A (BETA-1)/107
• M/S LOGIX INFRATECH (P) LTD.  GH-01/143
• M/s Docile Buildtech Pvt. Ltd.     GH-2A/143

Projects Which are Completed But Registry is Not Open

• ELDECO INFRASTRUCTURE AND PROPERTIES LTD               GH-003/119       
• M/s SDS INFRATECH PVT. LTD.    GH-04/A/45
• M/S J.M. HOUSING PVT. LTD       GH-01/C/76
• M/S SKYTECH CONSTRUCTIONS PVT. LTD               GH-01/D/76       
• AGC REALTY PVT. LTD.    GH-01/121         
• M/S PRATEEK BUILDTECH PVT. LTD.         GH-4/B/45
• Omaxe Buildwell (P) Ltd.               F-021/50
• T G B INFRASTRUCTURE P LTD     F-021C/50
• PRATEEK BUILDTECH (INDIA) P LTD           E-011/61             
• MANISHA PROJECT PVT LTD         B-017/61             
• M/S GARDENIA SHELTERS PVT. LTD          E-016A/61          
• M/s J.M. Infratech Pvt. Ltd.          GH-04 (ECO CITY)/75     
• M/S PRATEEK REALTORS INDIA PVT. LTD.               GH-01/77            
• M/s H R ORACLE DEVELOPERS PRIVATE LIMITED GH-02/B/77
• M/s CIVITECH DEVELOPERS PRIVATE LIMITED      GH-02/C/77
• M/s SUNSHINE INFRAWELL PRIVATE LIMITED      GH-05/B/78
• M/s MAHAGUN REAL ESTATE (P) LTD       GH-02/78
• M/s ATS TOWNSHIP PVT. LTD.    GH-01/104
• M/S PRATEEK INFRAPROJECTS INDIA       GH-01/A (BETA-2)/107
• M/S PRATEEK REALTORS INDIA PVT. LTD.               GH-01/120
• M/s IMPERIAL HOUSING VENTRES PRIVATE LIMITED (SPC)             GH-01/137
• M/s MPG REALTY PVT LTD.           GH-07/B/137

Incomplete Projects and the Registry Also Not Open

• Assotech Contracts (I) Ltd.            D-003A/44          
• M/s. PAN REALTORS PVT. LTD     GH-01/70
• M/s AIMS PROMOTERS PVT. LTD.              GH-02 (ECO CITY)/75
• M/s GARDENIA INDIA LTD.           GH-09 (ECO CITY)/75     
• M/s FUTEC SHELTERS PVT LTD.   GH-10 (ECO CITY)/75     
• M/s EXPRESS BUILDERS AND PROMOTERS PRIVATE LTD  GH-02/A/77       
• M/s PERFECT PROP BUILD (P) LTD.            GH-03/B/77
• M/s AVP BUILDTECH PVT LTD.     GH-03/C/77
• M/s ANTRIKSH DEVELOPERS & PROMOTERS PRIVATE LIMITED     GH-05/A/78       
• M/s ASSOTECH LTD.        GH-04/A/78       
• M/S CLOUD9 PROJECTS PRIVATE LIMITED              GH-002/100       
• M/S GREATVALUE PROJECTS INDIA LIMITED         GH-02/107          1444      
• IVR PRIME DEVELOPERS (AVADI) PRIVATE LIMITED            GH-0001/118     
• M/S RG RESIDENCY PRIVATE LIMITED      GH-02/120         
• M/s LOGIX INFRASTRUCTURE PVT. LTD.  GH-02/137
• M/s Kindle Infraheights Pvt Ltd. GH-03/B/143     
• M/S SUNWORLD RESIDENCY PVT. LTD.    GH-01/C/168     
• M/s SIKKA INFRASTRUCTURE PRIVATE LIMITED   GH-01/A/1/143B             
• OMAXE BUILD HOME (P) LTD       GH-01,02 & 03/93B         
• M/s GARDENIA AIMS DEVELOPERS PVT. LTD.       GH-01/46            
• M/s COLORFUL ESATATES PVT LTD            GH-04/B/78
• M/s PARAMOUNT TOWERS PRIVATE LIMITED      GH-06/137         
• M/S BASELINE INFRADEVELOPERS PVT. LTD.         GH-01/A (ALPHA)/107   
• M/s Ace Infracity Developers Pvt. Ltd.     GH-01A/B (Alpha)/107  
• M/s GULSHAN HOMEZ PVT LTD. GH-3D/144
• M/s Roseberry Estate LLP             GH-1/A/43
• AMBIENCE PROJECTS & INFRASTRUCTURE LTD    GH-0001/115
• M/s PROVENCE DEVELOPERS PRIVATE LIMITED   GH-01A/2/143B
• M/s Perfect Megastructure Pvt. Ltd.        GH-15 (ECO CITY)/75     
• M/s Supertech Ltd.          C-078/34

Defaulter Builder List Under YEIDA

Disclaimer: The list of the projects has been extracted from the Official website of Noida Authority dated 22/03/2023.

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How does it Benefit the Residents?

This move by the Noida Authority is a welcome step towards ensuring the safety and well-being of the residents of Noida. It sends a strong message to builders and developers that they cannot flout building norms and safety regulations and get away with them.

It is also important for residents to be vigilant and cautious while investing in real estate projects. They must ensure that the builders have obtained all the necessary certifications before investing their hard-earned money in these projects.

Thus, the publication of the defaulter builders’ list by the Noida Authority is a significant step towards ensuring transparency and accountability in the real estate sector. It is a reminder to builders and developers that they must comply with building norms and safety regulations to ensure the safety and well-being of the residents. It is also a reminder to residents to be cautious while investing in real estate projects and to ensure that the builders have obtained all the necessary certifications before investing their money.