Tag: Sanjay Bhoosreddy

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UP RERA Approves 8 Real Estate Projects Worth ₹1,948 Crore

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has granted approval for eight new real estate projects, with a total investment of ₹1,948 crore. Sanjay Bhoosreddy, chairperson of UP-RERA, stated, “The investment of ₹1,948 crore and the approval of over 3,000 new units represent a major step towards the state’s economic growth and housing development.” These initiatives will collectively generate 3,005 new residential and commercial units, including flats, apartments, villas, plots, shops, and various commercial spaces. Among these projects, three are based in Lucknow, with the remaining ones located in Prayagraj, Agra, Jhansi, Noida, and Firozabad. Published On…

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Uttar Pradesh RERA Greenlights 21 Projects Worth ₹7,035 Crore

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) convened at its Lucknow headquarters to review and approve 21 new real estate projects across the state. Sanjay Bhoosreddy, chairperson of UP-RERA, emphasized, “Our rigorous approval process ensures all projects adhere to regulations, safeguarding homebuyer interests and bolstering investor confidence.” These newly approved projects entail an estimated investment of ₹7,035 crore, collectively providing 10,866 units that include residential apartments, villas, flats, plotted developments, and commercial spaces such as shops. Published On Sep 28, 2025 at 12:00 PM IST Join a community of over 2 million industry professionals. Subscribe to our…

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UP-RERA Holds Weekly ‘Samvaad’ for Homebuyer Grievances

Representative image created by AI NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) hosted its weekly ‘RERA Samvaad’, a virtual interaction designed to address homebuyers’ concerns and provide guidance on legal remedies. The session, led by Sanjay Bhoosreddy, chairman of UP-RERA, saw participation from 24 pre-registered homebuyers. Participants from locations including Dubai, NCR, Ranchi, and Prayagraj raised concerns primarily about delays in apartment possession, where developers had failed to deliver despite significant payments. Officials outlined the available legal options, such as filing complaints with RERA, taking action against non-compliant developers, and utilizing online platforms for grievance resolution. UP-RERA’s…

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U.P. RERA Recovers ₹1,410 Crore for Homebuyers

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has successfully recovered ₹1,410 crore from 5,700 recovery certificates to date. Of this, ₹861 crore has been collected in 3,053 cases from August 2023 to July 15, 2025, representing a significant 61% of the total recoveries made thus far. Recovery momentum continues to rise, as demonstrated by ₹380 crore recovered in 2023 and ₹463 crore in 2024. Between January 1, 2025, and July 15, 2025, ₹251 crore was recovered across 955 certificates, compared to ₹244 crore during the same period in 2024. Sanjay Bhoosreddy, chairman of UP-RERA, remarked, “This upward…