RERA update: Uttar Pradesh RERA passes 5 orders to safeguard home buyers’ interests
UPRERA has warned developers against offering ‘conditional' possession to homebuyers, saying flats should be handed over only after all amenities are ready.
The Uttar Pradesh Real Estate Regulatory Authority has passed several orders over the last few weeks to protect the interests of homebuyers. It has warned developers against offering ‘conditional' possession to homebuyers, saying flats should be handed over only after all amenities promised in the sale agreement are ready. The state real estate regulator has also said that it will assign a unique QR code to each new project at the time of registration and promoters need to publish them in their brochures and advertisements.
Read more: https://www.hindustantimes.com/real-estate/rera-update-uttar-pradesh-rera-passes-5-orders-to-safeguard-home-buyers-interests-101727766666800.html
Reference: ET Realty https://realty.economictimes.indiatimes.com