Tag: Uttar Pradesh RERA

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UP Government to Streamline RERA Regulations

LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath has directed officials to ease legal aspects concerning corporate restructuring, Limited Liability Partnerships (LLPs), and real estate transactions under RERA, aligning the legal framework with evolving economic and business needs. During a review of the Stamp and Registration Department’s operations, Adityanath emphasized that, “Given the state’s rapidly growing economy, investment activities, and urbanization, the department must become more transparent, tech-savvy, accountable, and citizen-focused.” He noted that “Registration offices interact directly with the public, so their processes need to be modernized, streamlined, and user-friendly,” according to an official statement. Adityanath also advocated for the…

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UP-RERA Reports 1.15 Lakh Housing Units in Uttar Pradesh

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) is urging homebuyers and investors to thoroughly check project details and assess their financial capabilities before making real estate investments. The authority cautioned that decisions regarding property purchases should not be driven by advertisements, hearsay, pressure tactics, or claims of sudden price hikes. Currently, over 115,000 residential and commercial units are available in the state’s real estate market, encompassing flats, villas, plots, shops, office spaces, and other commercial properties. The western zone holds the largest portion of available inventory, comprising nearly 55% of the total with more than 60,000 units.…

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UP-RERA Directs Banks to Implement New Real Estate Account Norms

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has urged banks and financial institutions to adhere to the updated banking regulations and operational guidelines for accounts related to RERA-registered real estate projects. The authority conducted an awareness meeting with nationalized and scheduled banks at the Bank of Baroda’s regional office in Lucknow to discuss the revised project account directives issued on May 11, 2026. According to the new regulations, each RERA-registered project must maintain three distinct bank accounts: a collection account, a separate account, and a transaction account. At least 70% of the funds collected from homebuyers must…

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UP-RERA Approves 13 Projects Worth ₹3,052 Crore for Buyers

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has approved 13 real estate projects, cumulatively estimated at ₹3,052.73 crore, across eight districts in the state. The projects, approved during the authority’s 202nd meeting, will include a total of 4,772 residential and commercial units. Notably, Ghaziabad received the highest number of approvals, with four projects amounting to ₹1,936.72 crore. This includes three commercial developments and one residential project, totaling 2,199 units. In Gautam Buddh Nagar, one commercial project was approved with an estimated investment of ₹420.50 crore, which will consist of 855 commercial units. Agra saw the approval of…

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UP-RERA Launches Online Complaints for Excess Transfer Fees

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has introduced an online system for registering complaints against promoters and developers who demand transfer fees exceeding the allowed limits during the allotment transfer process. Homebuyers and allottees can submit complaints using Form-M on the UP-RERA portal, a feature that became available following the implementation of the 10th amendment to the UP-RERA General Regulations, 2019. According to the revised Regulation 47(c), promoters are prohibited from creating new or amended agreements for sale or lease with the assignee or successor-in-interest. Transfers must be documented via an endorsement in the original agreement,…

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Be Honest in Ads: RERA Officials to Real Estate Builders

File photo NEW DELHI: Real estate regulatory bodies are urging developers to implement transparent practices and refrain from misleading advertisements, emphasizing that failure to comply with the Real Estate (Regulation and Development) Act (RERA) could result in regulatory repercussions. During a FICCI real estate conference in New Delhi, Anand Kumar, chairman of Delhi RERA, highlighted the need for developers to ensure their project advertisements accurately depict the offerings without relying on unverifiable claims. “Advertisements must be realistic,” he stated. “Developers should provide clear details such as the covered area and refrain from marketing units exclusively based on super area measurements.”…

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Uttar Pradesh RERA Registers 106 Projects (Jan-Apr 2026)

NEW DELHI: The real estate sector in Uttar Pradesh has experienced consistent activity in 2026, with 106 projects registered in the first four months, up from 84 during the same period in 2025, as reported by the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). Project registrations have been on the rise, increasing from 197 in 2023 to 259 in 2024 and 308 in 2025. In terms of supply, there have been proposals for 33,206 residential and commercial units from January to April 2026, following 84,976 units in 2025, which was an increase from 69,365 in 2024 and 55,297 in 2023.…

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UP-RERA warns buyers on ‘assured returns’ schemes, ads

Representative AI image NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a public advisory to homebuyers, cautioning them against deceptive promotional schemes such as “assured returns” and “fixed rental income before possession.” The authority stated that these offers lack legal validity. UP-RERA noted that many developers continue to promote schemes like subvention plans, pre-EMI payments until possession, buyback guarantees, and lease assurance models to lure buyers. Some developers also use flashy offers like free cars, gold coins, and international trips. Sanjay Bhoosreddy, chairman of UP-RERA, stated, “Homebuyers should be wary of promotional schemes like assured returns…

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UP-RERA Revises Rules: Complaints in Unregistered Projects Allowed

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has announced the 10th amendment to its General Regulations, 2019. The amendments, which are effective from March 25, 2026, were made under Section 85 of the Real Estate (Regulation and Development) Act, 2016. Significant revisions have been introduced in Regulations 24 and 47 to address the ongoing issues faced by homebuyers, especially concerning unregistered projects and transfer charges. Sanjay Bhoosreddy, chairman of UP-RERA, stated, “These new provisions aim to enhance the transparency, efficiency, and consumer-friendliness of the grievance redressal process.” A key change in the amended Regulation 24 allows allottees…

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UP-RERA to Open QPR Filing Window April 1-15, Warns of Penalties

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) will open its portal from April 1 to April 15, 2026, for promoters to upload their quarterly progress reports (QPRs) for the quarter ending March 31, 2026. The authority has instructed all developers of registered projects to update their project details within this specified timeframe, warning that non-compliance may result in regulatory actions. UP-RERA emphasized that the submission of QPRs is required under section 11(1) of the Real Estate (Regulation and Development) Act, 2016. This process is crucial for ensuring transparency and accountability within the sector. The reports provide information…