Lok Sabha Question No. 4636 (UNSTARRED), answered on 2025-08-21
Subject: Delays in the Delivery of Flats by Private Builders
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: Dr. Amar Singh

## GOVERNMENT OF INDIA

## MINISTRY OF HOUSING AND URBAN AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO. 4636

TO BE ANSWERED ON AUGUST 21, 2025

## DELAYS IN THE DELIVERY OF FLATS BY PRIVATE BUILDERS

NO. 4636.       DR. AMAR SINGH:

Will the Minister of HOUSING AND URBAN AFFAIRS be pleased to state:

- (a) whether the Government is aware that delays in the delivery of flats by private builders have caused considerable hardship for homebuyers who have been running from pillar to post for years and if so, the action taken to resolve this crisis;
- (b) whether the Government has initiated any specific measures based on the recommendations outlined in the Amitabh Kant report regarding the regulation  of  private  builders  and  the  timely  delivery  of  residential projects and if so, the details thereof;
- (c) the  steps  taken  to  ensure  that  the  buyers  waiting  for  years  without adequate  support  or  compensation  are  provided  with  legal  recourse, financial protection or alternative solutions; and
- (d) whether it  is  a  fact  that  many  buyers,  even  after  investing  their  hardearned money, have been waiting for over 12-15 years for flats promised by private developers, specifically in the National Capital Region (NCR) and if so, the details thereof?

## MINISTRY OF HOUSING AND URBAN AFFAIRS

## ANSWER THE MINISTER OF STATE IN THE (SHRI TOKHAN SAHU)

- (a) to (d): Land'  and  'Colonization'  are  State  subjects.  However,  by  deriving powers from the concurrent list of seventh schedule of the Constitution of India, the Real Estate (Regulation and Development) Act, 2016 [RERA] was enacted by the Parliament to regulate the contractual relationship between homebuyers and promoters. RERA aims to ensure transparency &  accountability  in  the  Real  Estate  Sector,  thereby  protecting  the interests of the homebuyers.

As  per  Section  2  (g)  of  RERA,  State  Government  is  the  'Appropriate Government'  for notifying the Rules and  establishing Real Estate Regulatory  Authority  and  Appellate  Tribunal  in  the  State.  Under  the provisions of RERA, the real estate projects are required to be registered with the Real Estate Regulatory Authority of the State / Union Territory (UT) concerned. Further, on lapse or revocation of the registration under RERA,  the  Regulatory  Authority,  in  consultation  with  the  appropriate Government, is empowered to take action for carrying out the remaining development  works  of the project by competent  authority or by association of allottees.

Further, to examine the issue of pre-RERA stalled projects, a committee was  constituted  by  Ministry  of  Housing  and  Urban  Affairs  under  the Chairmanship of Shri Amitabh Kant in March 2023. As per the report of the committee, many of the legacy stalled projects are in NCR. Further, lack of financial viability is a primary reason for non-revival of the legacy stalled  projects.  Accordingly,  the  Committee  recommended  a  slew  of measures aimed towards improving the financial viability of these real estate  projects.  The  aforesaid  report  was  circulated  to  all  the  State Governments in August 2023 for necessary action. As per the information  available,  the  State  Government  of  Uttar  Pradesh  has formulated a Policy / Package vide Order No. 7774/77-4-2023-6011/2023 dated  21.12.2023,  to  provide  relief  to  the  homebuyers  of  stalled  real estate projects in Noida and Greater Noida, along the lines of recommendations of the Committee.

Moreover,  in  order  to  give  relief  to  homebuyers  of  stalled  projects, Government  has  established  a  Special Window  for  Completion  of Affordable  and  Mid-Income  Housing  (SWAMIH)  investment  fund  and SWAMIH 2.0 of Rs. 25,000 crores and Rs. 15,000 crores respectively, for funding stalled projects that are net-worth positive and registered under RERA,  including  those  projects  that  have  been  declared  as  NonPerforming Assets  (NPAs)  or are pending  proceedings  before  the National Company Law Tribunal under the IBC.

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