UP RERA to Ensure Project Details in Certificates Match Registration

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has directed all industrial and housing development authorities to accurately identify project parts before issuing part-wise completion or occupancy certificates. The state regulator noted discrepancies between the names of completed towers, blocks, or units in the certificates and the details provided by promoters during project registration.

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UP RERA highlighted that such mismatches create confusion for homebuyers regarding the completion status of their units. This issue arises during the execution of conveyance deeds and the handover of possession. To address this, UP RERA has instructed authorities to ensure that the names in Part-CC or Part-OC certificates match those given at registration or in sale agreements.

Ensuring Clarity in Project Completion

The regulator also stressed that issuing temporary completion or occupancy certificates is not allowed under current laws. Such practices can harm homebuyers who take possession based on these temporary certificates, which may not be confirmed later by planning authorities. This could lead to significant issues for homebuyers.

To prevent these discrepancies, UP RERA advised planning authorities to obtain marketing names of projects and unit numbers from promoters during map sanction applications. This step aims to provide clear information about project completion status, reducing confusion and potential disputes.

Standardisation Efforts by UP RERA

Sanjay Bhoosreddy, Chairman of UP RERA, stated that the authority is working towards standardising the real estate sector. This effort aims to protect homebuyers' interests and reduce litigation among stakeholders. By ensuring accurate identification of project parts, UP RERA seeks to bring more transparency and reliability to the sector.

In official communications, UP RERA emphasised that details in Part-CC or Part-OC certificates should align with those provided at registration or in sale agreements. This alignment is crucial for maintaining trust and clarity between promoters and homebuyers.

UP RERA's initiatives are part of a broader effort to improve regulatory standards in real estate. These measures are designed to safeguard homebuyers and ensure smoother transactions within the industry.