India, April 7 -- The Noida Authority has collected Rs.533.91 crore in dues by facilitating the registry of 3,620 flats across 27 stalled housing projects under the Uttar Pradesh government's December 21, 2023, policy aimed at resolving long-standing real estate disputes, officials said on Sunday.

So far, registries for 2,726 of these units have been executed, enabling apartment buyers to finally secure legal ownership of their homes, according to the authority. "The Noida Authority is asking the promoters to complete the registry of the remaining flats in their housing projects. We have also asked them to encourage apartment buyers to execute the registry," said Lokesh M, chief executive officer of the Noida Authority.

The policy offer...