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Be it emerging cities like Noida, Ghaziabad of UP adjacent to Delhi NCR or Lucknow and business city of Uttar Pradesh, Kanpur. UP RERA’s hammer is now working on the arbitrariness of builders, hanging projects and terror of mafias. UP RERA has disposed off more than 90 per cent of the 48,000 complaints received by it. Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) chairman Rajeev Kumar on Wednesday said that the authority is very effective in the state and has disposed of almost 90 per cent complaints filed by it.
The Real Estate (Regulation and Development) Act (RERA) was passed in the Parliament in March, 2016 and came into effect from May 1, 2016. Real estate authorities have been set up in almost all the states and union territories under this law, which came into full force in May 2017. Speaking at a conference organized by industry body Assocham, Kumar said that UP-RERA has resolved 41 per cent of the total consumer complaints resolved by various state regulators.
He said that the RERA Act would not have come into existence if the real estate business in the National Capital Region-Delhi had not faced so many problems. The credit for its regulation goes to Delhi-NCR only. According to official data, UP RERA has received 47,671 complaints, which is about 38 per cent of the complaints received across the country. Of these, about 42,600 complaints have been disposed of, which is about 41 per cent of the disposed complaints in the country.
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