Growing tourist inflow and improved infrastructure in religious towns such as Ayodhya, Varanasi, Prayagraj and Mathura have increased the demand for hotels, mixed-use-developments and residential properties
These will add 3,845 residential, commercial and mixed-use units, with Lucknow emerging as the biggest beneficiary with six projects
Work on these projects, some of which are in NCR, was suspended in July last for failing to upload documents such as land ownership records and building maps on the regulator’s portal
The eight projects will add more than 3,000 new homes and commercial units across six cities and will be range form affordable to mid-income housing categories
The Authority noted that if someone other than the promoter has title over the land where a project is proposed then the promoter must have written consent of such person for the development of the project and register a joint development agreement with the land owner to this effect
UPRERA will organize three days training program in which agents will be trained about RERA Act 2016, its provisions and compliance, UPRERA Rules 2016, regulations, directions being issued by the Authority, role and responsibility of stakeholders. The first set of certification courses will start from April 2024 in Lucknow
The sale of units or apartments on the basis of super area will be considered illegal and may attract action
The promoter has been ordered to pay interest of MCLR plus 1 percent to the allottee for the delayed period from April 2022 till the receipt of OC or CC, the authority said.