NEW DELHI: Uttar Pradesh real estate regulatory authority (UP-RERA) reviewed projects whose maps or land documents have not been uploaded on its portal despite repeated notices and was decided that these projects should be classified in the category of ‘projects in abeyance’.
Sanjay Bhoosreddy, chairman, UP-RERA, said, “the promoters only mention the RERA registration number in the advertisements and offers for sale in the project. There remains a possibility that any common allottee may get duped and make investment in a project whose approvals and land records are not verified.”
It is mandatory for the promoters to upload all the requisite documents relating to the project on UP-RERA portal so that the allottees can take a judicious decision to purchase a unit after seeing information regarding the project land and required approvals. The map records of land ownership are the most important documents of a project.
After in-depth scrutiny of the records of the projects, it was found that the promoters of about 400 projects have not uploaded the project map and land ownership related documents or at least one of them on RERA portal.
It was also seen that the promoters of 160 of these projects have not uploaded both the map and land record. The promoters were being continuously warned since 2018 to upload all the project documents on the portal.
Bhoosreddy warned promoters and directed them to upload the maps and land documents of the project on the RERA portal without any delay, otherwise strict punitive action would be taken. He also called upon the allottees to desist from investing in projects kept in ‘Abeyance’.
It was also found that completion certificate (C.C.) of three projects has been received and applications for C.C. of four projects have been applied. So far, promoters of 25 projects have requested to provide them editing facility so that they can upload the documents in question on the portal.
If the projects are kept in the category of ‘abeyance’, the allottees will become careful and decide to make investment in such projects after due diligence.
Source Homevior.in
