UP RERA Removes The Citadel and Emerald Mall from Abeyance List in Lucknow
Great news for homebuyers and investors in Uttar Pradesh. UP RERA has removed 22 stalled projects from its abeyance list. This includes key locations in Lucknow, such as The Citadel and Emerald Mall. Construction can now restart on 8,856 units spread across seven districts.
What Caused These Projects to Be Delayed?
The abeyance list affected projects significantly because developers failed to upload the necessary documents. These include land records, approved maps, and inventory lists on the RERA portal. Despite multiple reminders, around 400 projects were added in July 2024 during UP RERA's 152nd meeting. Promoters neglected notices, halting progress for years.
Now, after thorough inspections, these 22 projects have met all requirements. Developers have addressed the issues, and so the suspension has been lifted.
Lucknow Projects Back in Action
Lucknow shines with four sites that have been cleared:
- The Citadel
- Emerald Mall
- Rolex Estate
These projects experienced delays due to incomplete documentation. Buyers have been waiting for a long. The resumption of work is a relief for many.
Broader Impact Across Districts
The revival affects several areas:
- Noida (over 5,600 units)
- Ghaziabad
- Lucknow (4 projects)
- Agra (2, including Mangalam Niket)
- Meerut (2)
- Jhansi (Pashupati's The Grande)
- Hathras (1)
Why This Is Important for You
UP RERA Chairman Sanjay Bhoosaredy emphasises that this builds trust. Homebuyers gain relief. The economy benefits as jobs are created, material sales increase, and investments pour in.
Stalled projects harm everyone. However, now with more transparency, buyers can clearly understand the status of their projects. There will be no more misuse of RERA numbers.
Next Steps for Buyers and Builders
- Keep an eye on the UP RERA portal for updates.
- Developers: Keep your documents updated.
- Buyers: Keep track of your project's progress.
This initiative breathes new life into the real estate market in Uttar Pradesh. Lucknow is moving ahead with The Citadel and Emerald Mall. Expect more progress in the future.
Project delays may affect a lot of people, but quick compliance has changed the situation rapidly. Developers who took action are now seeing the benefits, while the market thrives again across districts.