Noida Residents To Get Temporary Accommodations During Renovation Of Their Old Flats; Authority Launches Policy

Noida Authority has introduced a redevelopment policy aimed at revitalising aging housing societies into modern residential complexes. Approved on June 14, the policy guarantees existing homeowners larger apartments with at least a 15 percent increase in carpet area, along with temporary housing during the reconstruction phase.

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Officials stated that the policy applies to residential buildings over 30 years old or those deemed structurally unsafe by recognised engineering institutions such as IITs and NITs. Under the new framework, redevelopment can begin only after obtaining 70 percent consent from leasehold residents. Original flat owners will receive newly constructed units free of charge, while developers must provide either temporary accommodation or a monthly rental allowance during the construction period.

The Redevelopment Focus Areas 

The redevelopment initiative will focus on four key areas: structural safety, enhanced amenities, environmental improvements, and strict developer accountability. To ensure financial feasibility, the Authority will permit an increased Floor Area Ratio (FAR) of up to 2.75, up from the existing 1.5. This will allow developers to construct additional units for sale, helping offset redevelopment costs.

The policy applies to three types of housing: Authority-built projects such as Mansarovar and Shatabdi Vihar in Sector 52, cooperative societies like Rail Vihar and LIC Society, and privately developed housing complexes.

Developer selection will depend on the project type. In Authority-developed societies, builders will be appointed through a bidding process. Cooperative and private societies, however, may choose their own developers, provided they meet eligibility requirements, including a strong financial background and proven track record.

Tripartite Agreement

A tripartite agreement among the developer, Noida Authority, and the Apartment Owners Association (AOA) is mandatory. This agreement will outline terms related to homeowner relocation, carpet area entitlements, and project timelines. Additionally, developers must register with RERA before marketing or selling any new units.

Officials said that residents will not be required to vacate their homes until temporary housing or rental compensation is arranged. Furthermore, new units can only be sold after original homeowners have received possession of their redeveloped flats.

"We have included strict accountability measures. Developers failing to meet deadlines or breaching agreements will face penalties, including blacklisting. A grievance redress cell will handle complaints about delays, quality issues, or reduced carpet area," an Authority official said, according to the TOI report. 

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Modern Amenities In Noida Socities 

The Authority plans to implement a single-window system to streamline approval processes and will oversee the timely disbursement of rent to relocated residents. Revamped societies will feature modern amenities such as EV charging stations, rainwater harvesting systems, and sewage treatment plants. To further incentivize redevelopment, the Authority is proposing to waive stamp duty and lease rent charges on new lease deeds once the flats are reconstructed.