Yellow Star
Yellow Star

How to revive stalled projects? UP may decide on waivers this week.

Under the zero-period policy

The government waives penal interest and other dues on projects.

That are mired in legal disputes or issues related to land.

Officials said around 1.7 lakh flats were stalled in the region because of various reasons.

There were 113 projects in Noida.

That collectively owed Rs 26,570 crore to the Authority.

The Greater Noida Authority must collect

Rs 14,309 crore from around 191 projects