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Big Relief For Homebuyers: UP RERA Removes 22 Stuck Projects Including 12 From Noida, Ghaziabad From Abeyance Category- Check Full List
In a major relief for homebuyers and investors across Uttar Pradesh, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has decided to remove 22 stalled real estate projects from its Abeyance List. The move clears the way for resumption of construction and offers developers a chance to restore buyer confidence and regain market credibility.
According to UP RERA, the 22 projects — spread across seven districts of the state — will together deliver around 8,856 housing and commercial units, including flats, plots, and retail spaces.
Officials said the decision marks a significant step toward reviving long-pending projects, ensuring delivery, and reinforcing transparency in Uttar Pradesh’s real estate sector. Reacting to the development, Sanjay R. Bhoosreddy, Chairman of UP RERA, said, “The objective of RERA is to establish transparency and trust in the real estate sector. The decision to remove projects that have now completed all necessary documentation from the ‘Abeyance List’ is an important step in this direction. This will not only provide relief to homebuyers but also infuse fresh energy into the state’s economy. RERA is committed to ensuring that every project is completed in a transparent and rule-based manner.”
What is the “Abeyance List”?
After the implementation of RERA, several projects were found where promoters, during registration, had not uploaded the necessary documents such as land records, approved maps, and inventory details (number of units, etc.) on the RERA portal. Following a detailed examination by the Authority, notices were issued to the respective promoters. Most of the promoters clarified that due to technical reasons and lack of time in the initial phase, they could not provide complete details.
Considering this situation, RERA had provided promoters with the facility to Edit and update their project information on the portal. However, despite this, many projects still failed to submit the required land and map-related documents. In this context, during the 152nd meeting of the Authority held on 30th July 2024, it was decided that nearly 400 such projects where documents were incomplete and promoters failed to submit the required records despite notices would be placed under the “Abeyance Category.”
This decision aimed to provide homebuyers and the general public with clear and accurate information about the status of such projects, enabling them to make well-informed and secure investment decisions. It was also intended to prevent any promoter or individual from misusing the registration number issued by RERA.
District-wise details of projects removed from the “Abeyance List”:
Out of a total of 350 projects placed under the abeyance category, 22 projects have now been removed from the list. In Lucknow, four projects comprising 473 units have been cleared. In Noida, six projects with a total of 5,663 units have been taken off the list. Ghaziabad also has six projects revived, covering 2,062 units. In Agra, two projects involving 318 units have been reactivated, while Meerut has two projects with 190 units cleared. Additionally, one project each in Jhansi and Hathras, comprising 39 and 111 units respectively, have been removed from the abeyance list.
Construction work can now resume on these 8,856 units, bringing relief to thousands of homebuyers and commercial investors.
The projects that have been removed from the “Abeyance List”
1. The Platinum Mall, Meerut
2. Banarasi Das Estate, Meerut
3. Vihaan Shopping Plaza, Ghaziabad
4. Emerald Mall, Lucknow
5. Winston Park-3, Noida
6. Mangalam Shila (Block-C), Agra
7. The Citadel, Lucknow
8. Jaypee Greens Garden Isles, Noida
9. Jaypee Greens Orchards, Noida
10. Delhi-99, Ghaziabad
11. Officer City-2 Phase-2, Ghaziabad
12. Shalimar City (Phase-2), Ghaziabad
13. G.N.B. Phase-2 (The Great Northern Bazaar), Ghaziabad
14. Pashupati’s The Grande, Jhansi
15. Vasundhara Estate, Hathras
16. Greenbay – Golf Homes, Noida
17. Saya S Class, Ghaziabad
18. 32 No. EWS (Amaltas) Housing (G+3), Lucknow
19. Grandprix Mega Suites, Noida
20. Mangalam Niket, Agra
21. Rolex Estate, Lucknow
22. Galactic City – Universal Tower, Noida
Benefits For Buyers, Developers
The removal of these projects from the “Abeyance List” will benefit homebuyers, promoters, and the state economy alike. For buyers whose dream homes had been stalled for years, this development paves the way for the resumption of construction work. This will not only ensure timely completion of housing units but also enable buyers to receive ownership of their homes sooner.
For promoters, this decision offers an opportunity to rebuild trust and transparency. Promoters who have now submitted all required documents can begin work on their projects in compliance with RERA regulations. This will boost investor confidence in the real estate sector and infuse new energy into the construction industry.
Additionally, this decision will also accelerate the state’s economic growth. The resumption of construction activities will generate employment for the workforce, increase demand for building materials, and enhance capital flow. Since the real estate sector contributes significantly to the state’s revenue, the revival of these projects will play a crucial role in Uttar Pradesh’s overall economic development.
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Target faces a new boycott over ICE response as retailer presses ahead with turnaround
A major teachers’ union is calling for its members to skip Target when buying back-to-school supplies, the latest twist in a series of boycotts that have targeted the big-box retailer as its turnaround shows signs of life, CNBC has learned.
The AFT, or American Federation of Teachers, passed a resolution Thursday that calls on its 1.8 million members and others to shop at local stores and not at Target, saying the company did not respond adequately to the surge of federal immigration enforcement in the retailer’s hometown of Minneapolis this winter. Federal agents shot and killed two U.S. citizens, Renee Good and Alex Pretti, during the operation.
The labor union, which is affiliated with the AFL-CIO, plans to urge a similar resolution at AFL-CIO’s convention in Minneapolis this summer and at conventions held by other organizations, including the NAACP and LULAC, AFT President Randi Weingarten said.
Target declined to comment specifically on the AFT’s resolution but said in a statement that it has “a longstanding commitment to strengthening the communities we serve,” including donating 5% of profits since the company’s founding and offering a discount to educators as part of a teacher appreciation program.
Target’s annual sales have declined for the past three years in a row, but the company’s new CEO Michael Fiddelke laid out an ambitious plan earlier this month to refresh its stores, add more enticing merchandise and return to sales growth. The retailer said it expects net sales to rise about 2% this fiscal year compared with the prior year and anticipates sales will grow every quarter.
It is unclear if and how much the AFT’s call for a back-to-school boycott could hurt Target, which is trying to win back customers. Earlier this month, Atlanta area pastor Jamal Harrison Bryant announced the end of a yearlong boycott of the company, called Target Fast, which had started because of the company’s rollback of major diversity, equity and inclusion initiatives.
At a press conference, Bryant said Target has demonstrated its commitment to the Black community with investments in Black businesses and donations to Historically Black Colleges and Universities. Yet other activists leading a separate boycott, including former Ohio state Sen. Nina Turner, have said they continue to call for shoppers to steer clear of Target.
The AFT previously supported and participated in the Target boycott over its DEI rollback.
The retailer has attributed some of its sales losses to backlash to its DEI decision, along with other factors including company missteps with merchandise, a weaker store experience and softer discretionary spending.
At an investor meeting in Minneapolis in early March, Fiddelke stressed that it’s “a new chapter for Target.” He said the company is “doing the work to build connection with new guests, deepen relationships with existing guests and earn back trust with guests we’ve disappointed.”
In a separate email to Target employees earlier this month, Fiddelke highlighted how the retailer is putting its strategy into action, including through its move to cut prices on more than 3,000 items and the opening of its 2,000th store. He said Target has made progress with winning back trust, too, noting the end of the Target Fast boycott.
He said Target has had “ongoing conversations with the organizers” of the boycott, who have “acknowledged the meaningful contributions Target has made, and will continue to make, to the Black community.”
In an interview with CNBC, Weingarten said the AFT’s boycott is focused on what she called Target’s lack of response to the surge of aggressive and violent immigration enforcement in its own backyard. Weingarten said the AFT sent a letter to Target and met with Target staff to encourage them to speak up before the union moved to pass the resolution.
“Target was negotiating with our colleagues in the civil rights community for weeks and weeks and weeks,” she said. “They could have very easily dealt with both [concerns about DEI and immigration enforcement] and they chose not to.”
She said Target is “more worried about standing with the Trump administration than the communities that made them a profitable company.”
Fiddelke joined dozens of executives from Minnesota-based corporations in co-signing a letter in late January calling for an “immediate de-escalation” in the state after the fatal shooting of Pretti. However, the letter did not name the shooting victims Pretti or Good or call out the president, his immigration policies or federal agents.
Fiddelke also shared a video message with employees that more directly acknowledged current events, but stopped short of calling for ICE agents to leave the city or for accountability in the two shooting deaths.
Weingarten described the CEOs’ letter as “insulting” and said it “basically blamed both sides.”
She said the union, which includes many teachers, can have the greatest financial impact during the back-to-school shopping season this summer and fall. By passing the resolution now, she said, the AFT can get the word out to members and “give Target enough time to come back to its senses.”
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