UP-RERA: Promoters Must Prove Land Ownership for Projects


    Share post:

    The Uttar Pradesh real estate regulatory authority (UP-RERA) has instructed promoters to verify their legal ownership of the land before registering their projects.

    If the land doesn’t belong to the promoter but to someone else, they must have the landowner’s permission through a registered joint development agreement.

    Promoters also need to submit an affidavit confirming that the project land is free from any legal claims or issues.

    Sanjay Bhoosreddy, chairman of UP-RERA, emphasized that promoters must obtain the necessary permits for the project and transfer ownership to buyers through registered documents.

    These directives are crucial because without legal ownership or consent from the landowner, promoters can’t legally transfer ownership to buyers.

    Such issues can complicate the registration process for projects with UP-RERA.

    Also read: MahaRERA Cancels Home Sales Due to Missed Payments

    Related Posts

    Latest posts

    Delhi RERA chief warns real estate developers (About investors Trap)

    Real estate developers need to watch out for investors who might disrupt their finances and cause their projects...


    AIPL (Advance India Projects Limited) presents SUPERSIKH VAISAKHI 5K RUN in partnership with the World Punjabi Organisation (WPO)...

    Ashiana Housing sold 224 flats saleable value of 440 crore in just 15 minutes at its prestigious projects Amarah

    Ashiana Housing announced that it has sold out the entire phase 3 of its prestigious project, Ashiana Amarah...

    Why Bhiwadi is Becoming a Hotspot for Real Estate Investment in India

    Bhiwadi, a lesser-known industrial town near Delhi, is quickly becoming a popular spot for real estate development, similar...