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UP RERA logs 23% growth in registration of new real estate projects in 2022

There was a jump of about 23 per cent in the registration of projects in 2022 as compared to 2021

UP RERA logs 23% growth in registration of new real estate projects in 2022
Updated On : 16 Jan 2023 | 9:49 PM IST

Non-NCR cities attracted 60% new housing projects in last 5 yrs: UP RERA

Non-NCR cities of Uttar Pradesh pipped Noida, Greater Noida, and Ghaziabad to attract over 60 per cent of the new realty projects in the last five years, according to registration data of UP Real Estate Regulatory Authority (RERA). In 2022 alone, the UP RERA registered around 225 projects of which more than 150 were in non-NCR cities of the state like Lucknow, Varanasi, Gorakhpur, Bareilly, Agra, Mathura and Moradabad, the data showed. The UP RERA was established in 2017 to regulate the fast-growing real estate sector, bring transparency, protect the interest of homebuyers and ensure speedy resolutions of disputes of consumers and builders. "So far, 3,340 plus real estate projects have been registered with RERA. In 2022, approximately 225 applications of new project registration have been received of which 125 in the first half and 100 in the second half of the year. "Almost 72 projects were in the National Capital Region (NCR) and 153 projects were in the non-NCR districts. The ra

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Updated On : 30 Dec 2022 | 3:18 PM IST

City development agencies must register projects with RERA: Delhi chairman

If they do not get registered with us then we have got enough of more power to take action against them under section 59 and 61 of the Act.

City development agencies must register projects with RERA: Delhi chairman
Updated On : 20 Jul 2022 | 10:31 PM IST

UP RERA holds meeting to review progress of 76 realty projects in NCR

The UP RERA held review meetings of 76 projects from the national capital region (NCR) with their promoters between July 5 and July 9, officials said on Friday.

UP RERA holds meeting to review progress of 76 realty projects in NCR
Updated On : 09 Jul 2021 | 9:33 PM IST

UP, Haryana, Maharashtra lead on the number of RERA cases resolved

Nearly 40 per cent of all complaints were resolved in Uttar Pradesh alone

UP, Haryana, Maharashtra lead on the number of RERA cases resolved
Updated On : 05 May 2021 | 3:50 PM IST

Almost 75% complaints from National Capital Region in 2 years: UP RERA

Almost 75 per cent complaints lodged with the Uttar Pradesh Real Estate Regulatory Authority (RERA) in two years have been from the NCR districts, including Noida and Ghaziabad, it stated on Friday.

Almost 75% complaints from National Capital Region in 2 years: UP RERA
Updated On : 05 Sep 2020 | 7:04 AM IST

RERA to approach RBI for one-time debt recast to overcome liquidity crisis

CREDAI and Naredco have been demanding one time restructuring of developers outstanding loans with financial institutions to prevent bad loans and making them eligible for fresh borrowings

RERA to approach RBI for one-time debt recast to overcome liquidity crisis
Updated On : 04 Jul 2020 | 7:02 PM IST

UP may announce package for stressed housing projects as unsold stock soars

Projects in the state have a combined inventory of 100,000 units valued at Rs 1.50 trn, mostly in Noida and Greater Noida

UP may announce package for stressed housing projects as unsold stock soars
Updated On : 16 Jan 2020 | 3:12 PM IST

UP RERA summons promoters of 22 projects in NCR over possession delay

Under Section 63 of the RERA Act, if the replies are deemed to be inappropriate then penalty of 5 per cent of the total project cost will be levied on them

UP RERA summons promoters of 22 projects in NCR over possession delay
Updated On : 11 Oct 2019 | 10:22 AM IST

Happy Diwali ahead for Noida home buyers: Builders can give possession soon

Rules state that if RERA does not issue possession certificate or raises concerns, the builders can start giving possession to buyers

Happy Diwali ahead for Noida home buyers: Builders can give possession soon
Updated On : 25 Sep 2019 | 12:05 PM IST

UP realty watchdog adopts satellite mapping to monitor illegal construction

UP Real Estate Regulatory Authority (RERA) has engaged Remote Sensing Application Centre (RSAC) for inspection of construction sites within 10 km of the Lucknow Development Authority (LDA) limits

UP realty watchdog adopts satellite mapping to monitor illegal construction
Updated On : 17 May 2019 | 5:53 PM IST