Uttar Pradesh RERA portal to be launched today
The website for the Uttar Pradesh Real Estate (Regulatory and Development) Act will be launched today by chief minister Yogi Aditya Nath. The registrations will happen through online applications and will be done under the state RERA rules.
This will allow builders to start registering their projects under the new real estate law and, significantly, also grant them immediate registration numbers as opposed to the current system where the process takes up to a month. Once a real estate company gets the registration number, it is free to market its projects while staying in compliance with the new RERA rules.
Mukul Singhal, Principal Secretary (Housing) said the website has been developed to ensure that people do not have to take rounds of offices to verify builder details and that at a click of a button they can have complete information on the builders from who he or she is planning to buy a property.