UPRERA Issues Advisory for Homebuyers, Emphasizes Critical Pre-Purchase Checks in Uttar Pradesh
Uttar Pradesh Real Estate Regulatory Authority Issues Advisory to Protect Homebuyers from Fraud
To safeguard homebuyers from potential fraud and misleading practices by builders and other entities, the Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has released an advisory outlining six key checks that buyers should conduct before purchasing a property in Uttar Pradesh. The authority emphasizes the importance of verifying project-related details through the official UPRERA portal to make informed decisions before investing in any housing project.
Under the advisory, homebuyers are advised not to rely solely on promotional materials or verbal assurances by developers and agents. Instead, they should utilize the official UPRERA portal as the primary source of verified information. The portal provides an array of crucial project details, including project bank account details and collection account information, which are essential for buyers to ensure that their funds are being used only for the intended project.
The Six Mandatory Checks a Buyer Should Perform Before Buying a Property:
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| Check | Description |
|---|---|
| 1. Land title and ownership details | Verify whether the promoter has a clear and legally valid title over the land on which the project is being developed. |
| 2. Sanctioned map and layout plan | Check the approved building plan and layout sanctioned by the competent authority and ensure that the project being marketed matches the approved plan. |
| 3. Inventory details match | Cross-check the flat, plot, or commercial unit being offered with the inventory details available on the portal to confirm that the unit is registered and available for sale. |
| 4. Project bank account details/collection account | Verify that the developer has deposited at least 70 percent of the funds collected from buyers into a designated project-specific collection account. |
| 5. Quarterly Progress Reports (QPRs) | Review the QPRs to track construction progress, project timelines, and compliance status. |
| 6. Number of complaints filed against the promoter | Check whether complaints have been filed against the promoter and review the nature of such complaints to identify potential risks. |
To facilitate easy access to project details, UPRERA has strengthened its online portal. Buyers can visit the official website, up-rera.in, and follow the steps below to access project information:
- Visit the official website: up-rera.in
- Click on the “Registered Projects” section
- Search for the project using the Project Name or Registration (PRJ) Number
- Click on the “Blue Eye” icon to open the project details page
- View the basic project information like project start and completion date, registration number (Form-C), promoter details, etc.
- Go to project details to view complete information of the project like development works, project bank details, land details, uploaded documents, etc.
Buyers can also contact the UPRERA helpdesk numbers 9151602229 and 9151642229 for assistance with accessing project details on the portal.
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