RG Luxury Homes project in Gautam Buddh Nagar district, Greater Noida West, has received the occupancy certificate after facing insolvency and a fund crisis. The project, delayed since 2010, is now offering possession to buyers of 800 flats. The project serves as a beacon of hope and an example for other stuck projects in Karnal, Ghaziabad, and Noida.
The 18-acre project, RG Luxury Homes, in Greater Noida West was launched in 2010 with an initial deadline of 2014. Facing delays, the construction work was stalled in 2016 due to a fund crisis.
UPRERA Issues Guidelines Outlining The Do s And Don ts For Promoters To Adhere To When Advertising Projects. The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has released guidelines in.
It also directed agents also to send their applications of registration and extension to the head office in person or by post, according to an official statement.