UP RERA has removed 22 stalled projects, including Lucknow's The Citadel and Emerald Mall, from its abeyance list. This clears the way for construction to resume on 8,856 units across seven districts, bringing relief to homebuyers stalled by missing documents like land records and maps. The move boosts trust and economy.
Major Indian real estate firms like DLF, Unitech, Omaxe, and Parsvnath are under pressure from buyers and investors who seek refunds due to delayed or stalled projects.