NOIDA: During its board meeting on Saturday, the Noida Authority issued a conditional occupancy certificate for the long-delayed Sports City project in Sector 150.
This decision comes after the Supreme Court’s order from November 24, which approved a framework for reviving the Sports City SC-02 project developed by Lotus Green Constructions. The ruling enables construction to resume after nearly three years, offering a reprieve for approximately 20,000 homebuyers waiting for possession or registration of their properties.
The Supreme Court mandated that the Noida Authority lift the ban placed on the developer in January 2021 within 30–45 days.
Lotus Green plans to pay 20% of its outstanding dues within two months of the revised master plan’s approval, with the remainder to be settled in six half-yearly installments over three years. The revised master plan will be presented to the board within the next 30 days to ensure it aligns with the original Sports City scheme, which requires 70% of the land dedicated to sports facilities and 30% for residential and commercial use.
The developer has committed to completing all sports facilities within three years of the revised plan’s approval and delivering the remaining residential and commercial spaces within five years. The Supreme Court’s decision allows for a zero-period benefit to recalculate dues during the pandemic, from March 1, 2020, to March 31, 2022. It also allows joint ventures or co-development with the authority’s consent, noting that non-compliance could lead to the cancellation of the allotment and re-auction of the land.
A spokesperson for Lotus Green stated, “We are grateful to the Supreme Court, the UP government, and the Noida Authority. This outcome benefits all stakeholders, including the thousands of homebuyers who supported the consortium through challenging times.”
Records from the Noida Authority indicate that Lotus Green and its partners owe about Rs 4,200 crore, with approximately Rs 100 crore recently deposited. The Supreme Court is set to review compliance at the next hearing scheduled for January 15, 2026.
In addition to the Sports City update, the board approved plans for new Sewage Treatment Plants (STPs) near drains to enhance sewage management. Expressions of interest will be sought for agencies to design, construct, and operate these STPs.
The Authority also greenlit the appointment of a consultant to develop the city logistics plan after reviewing presentations from the School of Planning and Architecture, New Delhi, and IIT Roorkee.
Further, a progress report related to stalled real estate projects, based on Amitabh Kant’s policy, was presented to the board. The Amitabh Kant committee was established to tackle the ongoing issues with stalled real estate developments in Noida, Greater Noida, and the Yamuna Expressway region, where numerous homebuyers are affected due to incomplete housing projects and the developers’ significant dues to authorities.
The committee suggested a rehabilitation framework to revive these projects, offering relief to developers. This includes a ‘zero period’ during which interest and penalties on land dues will be suspended, rescheduling of outstanding payments, and installment-based recovery. One requirement is that developers must make an upfront payment of 25% of their outstanding land dues to qualify for relief and register flats.
Officials indicated that out of 57 identified projects, 36 have benefited from the order as of December 31, 2025. However, four projects have seen no payments made despite consent, and 11 developers only made partial payments against the required 25% amount.
In total, including the 25% payment, partial amounts, and installments, Rs 872 crore has been deposited with the Authority, enabling the registration of approximately 6,855 stalled flats for buyers in these projects, of which 4,134 registrations have already been completed.
