In a major relief for thousands of homebuyers, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has taken over the responsibility of completing stalled housing projects in Ghaziabad. Construction work has resumed on around seven incomplete projects under RERA’s supervision, bringing new hope to more than 2,000 homebuyers who have been waiting for their dream homes for years.
The stalled projects, abandoned or left incomplete by private builders, had left buyers in limbo, forcing them to run from Ghaziabad Development Authority (GDA) to RERA offices in search of a resolution. In response, UP RERA established a Project Management Division (PMD) in 2022 to revive and monitor such projects across the state.
RERA-Led Revival Model
Under this initiative, UP RERA identifies stalled projects, evaluates their status, and coordinates with local authorities like GDA to complete the remaining construction. One such success story is the Vasundhara Grand Project, which has now been completed and is already home to several families.
“UP RERA is not only evaluating but actively overseeing the completion of stalled projects. This is a huge relief for citizens who have been financially and emotionally drained,” said Akhand Pratap Singh, a local resident and one of the homebuyers awaiting possession.
Ghaziabad Projects Nearing Completion
Approximately 2,000 flats are expected to be handed over to buyers within the next four months to one year, depending on the progress of each project. With active involvement from the GDA, RERA is ensuring that quality standards, compliance norms, and timelines are adhered to during the remaining construction.
This collaborative model could soon be replicated in other cities where stalled real estate projects have long burdened homebuyers.
A Turning Point in Buyer Protection
This proactive intervention by UP RERA aligns with its core objective under the Real Estate (Regulation and Development) Act, 2016 — to protect homebuyers, bring transparency, and enforce accountability in the real estate sector. It also signals a shift from regulatory oversight to direct project management in extreme cases where promoters default.
