UP-RERA's Proactive Step: Microsite for Mediation
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has embarked on a novel initiative to actively mediate between builders and development authorities, streamlining the often turbulent landscape of real estate development.
Microsite for Complaint Registration
A dedicated microsite, accessible through UP-RERA's official website, will be launched. This platform enables affected developers to register complaints against relevant authorities. Preliminary observations by RERA indicate that the most prevalent grievances pertain to:
- Delays in map approvals
- Incomplete roads
- Underdeveloped civic infrastructure around residential communities
These procedural setbacks frequently impede project timelines, ultimately affecting homebuyers.
Expanded Role for RERA in Dispute Resolution
Beyond its existing mandate of resolving builder-buyer disputes, RERA will now intercede in complaints lodged by developers against authorities via the microsite. This move addresses a long-standing concern among developers regarding the regulatory body's perceived limitations in influencing industry or development authorities, which are primarily responsible for issuing completion certificates and developing civic infrastructure.
Quote from UP-RERA Chairperson, Rajive Kumar
Developers often express frustration with local development authorities' handling of project-related issues, hindering overall project growth. In response, we are creating a platform on our main website for developers to file pending complaints against any development or industrial authority in the state. We will oversee these cases, acting as intermediaries between developers and competent authorities.
Impact on Homebuyers
Insight from Manoj Gaur, Credai National Vice-President
Currently, RERA lacks the directive power to intervene in the affairs of development authorities. Procedural delays pose significant obstacles to timely project implementation. We have advocated for development authorities' compliance with RERA law. This measure offers a partial solution, though a comprehensive solution would require amendments to the RERA Act, empowering it to intervene in the affairs of competent authorities.
Real-World Implications
Several projects in Noida and Greater Noida exemplify the plight, lacking essential amenities like proper road access, sewer lines, or electricity connections. The onus of developing these basic public services falls on development authorities. Without these, projects languish, leading to unfinished developments and resultant penalties for developers, ultimately affecting homebuyers the most.
Also Read: