Tag: Uttar Pradesh RERA

Latest StoriesRera

Homebuyers of 129 Projects Should Contact IRPs, Not UP-RERA

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has released a public advisory following the admission of 129 real estate projects from 14 developers into the Corporate Insolvency Resolution Process (CIRP) at the National Company Law Tribunal (NCLT) from January 2024 to the present. As insolvency proceedings commence, UP-RERA has instructed affected homebuyers to submit their claims exclusively to the appointed Insolvency Resolution Professionals (IRPs) for each project, as per the guidelines of the Insolvency and Bankruptcy Code (IBC). RERA jurisdiction suspended during moratorium UP-RERA stated that once a project enters the CIRP, a moratorium under section 14…

Latest StoriesRera

Uttar Pradesh RERA Lifts 22 Projects from ‘Abeyance’ Status

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has de-listed 22 projects from the ‘abeyance list’ across seven districts, allowing construction work to resume. A total of 8,856 units—including flats, plots, and commercial units—will be built under these projects, representing a significant advancement in reviving long-stalled developments. Since the implementation of RERA, numerous projects were flagged for not having the required documents submitted at registration. After comprehensive evaluations, the authority issued notices to the promoters. In July 2024, it was determined that about 400 projects with incomplete documentation would be classified under ‘abeyance.’ Sanjay R. Bhoosreddy, chairman of…

Latest StoriesRegulatory

Allahabad HC: YEIDA to pay penalty to 150 plot allottees

NOIDA: The Allahabad High Court’s Lucknow bench has resolved nearly 150 RERA appeals from the Yamuna Expressway Industrial Development Authority (YEIDA) concerning allottees from its inaugural residential plot scheme in 2009, which includes about 21,000 plots in Greater Noida’s Sectors 18 and 20. The court supported the allottees, mandating YEIDA to pay outstanding dues along with interest for delays, while denying the authority’s request for a refund of pre-deposited amounts. The original residential plot schemes were initiated adjacent to the Yamuna Expressway. However, allottees faced development delays due to farmers’ protests and legal disputes over land acquisition. Further delays arose…

Latest StoriesRera

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…

Latest StoriesRera

Uttar Pradesh RERA Files FIR Against A.S.G.I. Properties

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has filed a first information report (FIR) against A.S.G.I. Properties at the Greater Noida Police Commissionerate, following serious fraud and forgery allegations. The case has been registered under various sections of the Bharatiya Nyaya Sanhita (BNS) law, specifically sections 318(4), 338, and 336(3). Complaints received by UP-RERA indicate that the promoter misled allottees and banks regarding the Apple Tower S-2A & S-2B project by submitting a fraudulent order to secure loans. Investigations revealed that no such order was ever issued by UP-RERA. Although a meeting was held on February 24,…

Latest StoriesRera

Uttar Pradesh RERA Takes Action Against Several Builders

NEW DELHI: In response to numerous complaints from homebuyers, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has initiated strict measures against various promoters and has directed multiple cases to be presented before the Authority for penalties under the Real Estate (Regulation and Development) Act. UP-RERA stated that these actions are aimed at reducing violations and enhancing buyer trust and transparency in home purchases. The bench referenced provisions including Section 13 (prohibiting the collection of more than 10% advance without a registered sale agreement), Section 61 (allowing for penalties of up to 5% of estimated project cost for violations of…

Latest StoriesRera

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…

Latest StoriesResidential

Buyers Await RERA Action on Delayed Uttar Pradesh Project

LUCKNOW: The Palacio Imperial White Buyers Association submitted a formal complaint in June 2025 but is still awaiting the first hearing from Uttar Pradesh RERA, raising issues about regulatory delays and inaction. The association invoked Section 7 of the Real Estate (Regulation and Development) Act, 2016, requesting the transfer of the stalled Palacio Imperial White project (UPRERAPRJ13910) from Tulsiani Infraventure Private Limited due to the developer’s prolonged failure to complete the development. Association president, Manoj Kumar Bhagat, expressed his disappointment and emphasized the urgency for intervention to protect the legal and financial interests of homebuyers. “The builder promised to finish…

Latest StoriesRera

UP-RERA Resolves 50,000+ Complaints, Tops Grievance Redressal

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has successfully resolved 50,812 consumer complaints to date, which represents nearly 40% of all real estate grievances addressed nationwide. Since its establishment, UP-RERA has received 58,545 complaints under Section 31 of the RERA Act, accounting for 39% of the national total. With a disposal rate of 85.2%, the authority has become the primary platform for homebuyers seeking resolutions for issues related to possession delays, refunds, and interest payments. Sanjay Bhoosreddy, chairman of UP-RERA, stated that the disposal rate reflects the regulator’s commitment to timely justice and the accountability of promoters.…