Two years of UP RERA: Nearly 80% complaints in Uttar Pradesh are from NCR

New Delhi: The Uttar Pradesh Real Estate Regulatory Authority ( UP RERA) has issued 1985 recovery certificates asking developers to pay Rs 595.25 crore as compensation to homebuyers in two years.
After the permanent formation of UP RERA, the judicial work started on September 4, 2018.

In two years, 28,020 complaints have been registered with RERA. Out of these, 20,740 are of NCR. 16,136 complaints have been disposed off from the NCR region and 4,893 complaints from the non-NCR region.

The orders passed by RERA include 5036 orders for the refund of funds and 7242 orders for the grant of possession.

“RERA's efforts have brought transparency and accountability in the real estate sector and created an environment conducive for the healthy development of the sector,” said a UP RERA official.

2874 projects have been registered in RERA, out of which 2044 projects are ongoing and 830 projects are in the new category.

2281 new projects were registered in 2017, 242 in 2018, 240 in 2019, and so far 111 new projects have been registered in 2020.

The monthly average of the registration of new projects in 2018 was 20 and in the year 2019 was 20. Till now in 2020, 12 projects on a monthly average have been registered.

RERA has rejected 96 registration applications for various discrepancies.

RERA, in collaboration with Remote Sensing Application Centres, has verified projects outside the limits of the Lucknow Development Authority within a radius of 10km outside the planning area in Lucknow, Barabanki, and Unnao.

So far, 247 projects have been audited by RERA and showcause notice for the cancellation of registration of 11 projects has been issued, from which the registration of 3 projects has been canceled.