- By Akansha Pandey
- Wed, 15 Oct 2025 05:12 PM (IST)
- Source:Jagran News Network
Following a February order from the Allahabad High Court that initiated a CBI and ED investigation into the Sports City projects, the Noida Authority has taken action by issuing notices to 62 of the 81 sub-leaseholders for outstanding dues. In response, these sub-leaseholders have deposited Rs 319 crore. However, this amount is a fraction of the approximately Rs 11,642 crore owed by the four main developers of the projects.
The notices pertain to sub-leases in Sectors 78, 79, 150, and 152. Partial payments have been made by consortium companies including Contend Builders (Rs 140 crore), Brick Rise Developers (Rs 89 crore), Star Land Craft (Rs 80 crore)Noida Sports City Probe: Authority Recovers Rs 319 Cr, but Developers Still Owe Rs 11,642 Cr and Ace Infracity Developers (Rs 12 crore).
According to the Authority's data, the dues from the four main developers are substantial:
- Lotus Greens Constructions (Sector 150): Rs 4,177 crore
- Logix Infra Developers (Sector 150): Rs 4,082 crore
- ATS Homes (Sector 152): Rs 2,745 crore
- Xanadu Estate (Sectors 78-79): Rs 635 crore
The Sports City projects were launched around the 2008 Commonwealth Games with the objective of creating integrated townships where 70 per cent of the land was reserved for sports facilities and 30 per cent for residential and commercial use. Citing collusion between Authority officials and developers and alleging irregularities in land allotment, the Allahabad High Court ordered a probe by the CBI and ED. Subsequently, FIRs have been registered against Xanadu Estate, Logix Infra Developers and Lotus Greens Constructions.
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The matter is currently embroiled in extensive litigation across various judicial forums. There are nine petitions pending in the National Company Law Tribunal (NCLT) and its appellate body (NCLAT), 25 cases in the Allahabad High Court, and 26 Special Leave Petitions (SLPs) in the Supreme Court. While the Supreme Court has allowed legal proceedings to continue, it has restrained the Authority from taking any "coercive action" against the developers.