Noida, December 17, 2025:
In a significant move to safeguard public funds, the Noida Authority has initiated action against two defaulting real estate developers for failing to clear dues related to group housing land allocations. The authority has sought a detailed investigation from the Economic Offences Wing (E.O.W.), Delhi, to ensure recovery of substantial pending payments.
The first case pertains to Group Housing Plot F-21/C in Sector-50, Noida, measuring 12,750 square meters. The plot was allocated on December 26, 2008, in favor of M/s T.G.B. Infrastructure Pvt. Ltd. Despite repeated notices from the authority to clear the pending dues, the developer failed to make any payment. As of November 31, 2025, the Noida Authority’s total receivable against this plot amounts to ₹75.59 crore. In response, the authority has filed a formal complaint with the Economic Offences Wing, Delhi, requesting an investigation into the developer’s financial obligations and recovery of the pending amount.
The second case involves Group Housing Plot GH-UB in Sector-143, Noida, covering an area of 50,000 square meters. Allocated on July 7, 2011, to M/s Kindal Infrabuilds Ltd., the developer also failed to pay the authority’s dues despite receiving multiple reminders. By November 31, 2025, the total outstanding dues against this plot have reached ₹396.36 crore. Consequently, the Noida Authority has lodged a complaint with the Economic Offences Wing, Delhi, seeking a thorough investigation to recover the pending payments and enforce compliance.
In both instances, the Noida Authority has emphasized that the actions are part of its ongoing efforts to maintain financial accountability and ensure that developers meet their contractual obligations. By approaching the Economic Offences Wing, the authority aims to expedite legal and administrative processes to recover the substantial amounts due to it.
A spokesperson from the Noida Authority stated, “The authority remains committed to protecting public funds and ensuring that all developers fulfill their financial commitments. Non-payment of dues undermines regulatory frameworks and affects the development and maintenance of infrastructure in Noida. Legal action and coordinated investigation with the E.O.W. are necessary steps to enforce accountability.”
The Chief Executive Officer of Noida Authority has confirmed that continuous monitoring and strict follow-up will be carried out on pending dues to prevent further defaults and maintain transparency in land allocation and financial management.
These developments highlight the authority’s zero-tolerance approach towards defaulting developers and its determination to uphold financial discipline in Noida’s real estate sector. By recovering dues through proper legal channels, the authority aims to reinforce investor confidence and ensure sustainable development of the city’s infrastructure.
The total combined recovery sought in both cases amounts to over ₹471 crore, underscoring the magnitude of pending obligations and the authority’s proactive stance in addressing financial defaulters.
