Uttar Pradesh RERA has introduced a new directive regarding possession letters, raising concerns among developers and homebuyers about its implications and impact on long-standing disputes.
UP-RERA to launch microsite for developers to report procedural delays with authorities, aiming to reduce project completion times and homebuyer suffering.
UP RERA imposes Rs 1.4 crore penalty on nine developers for non-compliance with orders at its 84th meeting. The Authority aims to protect homebuyers and ensure developers adhere to regulations.
UP-RERA offers a nine-month extension for the registration of projects, aiming to speed up stagnant real estate development. The extension is subject to monitoring and specific conditions.
Supertech to deliver 8,460 apartments by December 2021, and 16,041 units by June 2023 in NCR region.
Apartment deliveries in Delhi-NCR face potential two-year delays due to pandemic-related disruptions, impacting over 3 lakh units, primarily in Greater Noida.
UP-RERA rejects Supertech's application for two new projects due to non-compliance and delays in existing projects.
Labor shortages, with over 25% of migrant workers leaving, may delay real estate projects. UP-RERA is aware and may extend project timelines. CREDAI highlights material supply issues.
Naredco has urged developers to establish isolation facilities for Covid-impacted construction workers in Noida, Greater Noida, and Yamuna Expressway area.
UP-RERA is working alongside the state government to address the deadlock in flat registrations, impacting over 50,000 home buyers in Noida and Greater Noida.
UP-RERA suspends physical hearings from May 1st due to rising COVID-19 cases, shifting to virtual hearings via e-courts.
UP-RERA to issue a show-cause notice to Supertech Realtors due to non-compliance with the RERA Act.
Gaurs Group invests ₹2,123 crore in three stalled Amrapali projects, encompassing 10,900 apartments, marking a diversification into infrastructure.
UP-RERA is set to hold a National Lok Adalat on April 10, 2021, for resolving disputes between developers and home buyers in Uttar Pradesh.
UP-RERA levies ₹1.24 crore fine on several developers, including Ansal API, for non-compliance with orders and irregularities in project sales, prioritizing home buyer protection.