India, April 1 -- The Noida authority on Sunday said that it has given permission for the registry of a total of 13,639 apartments as realtors of 35 housing projects have given their consent to clear their financial dues.

To obtain the permission for the registry of the ready apartments these developers have agreed to pay Rs.552 crore financial dues that is 25 percent of total dues of Rs.2,000 crore.

The Noida authority gives permission for the registry after a developer pays 25 percent of their total dues as per the policy approved by the Uttar Pradesh government on December 21, 2023.

Under the policy the developers get waivers on penal interest for two years during the Covid 19 period and also for the period when the construction wor...