Uttar Pradesh state government is all set to launch their RERA website on today July 26, 2017. Thought the official announcement was revealed on yesterday July, 25, 2017.
The website will be open for all and people can verify developers’ diligence anytime they want, which includes developers previous track records, upcoming project details and RERA registration number of the builder and the under developed projects.
As per the declaration came from the principal secretary of (Housing) the solo objective of this website development is to relax buyers muscles. They won’t have to do rounds around civic offices just to have a developer’s antecedents. People who are planning to buy property in cities under UP jurisdiction, clicking a web-link can clear up their doubts regarding the builder’s credentials.
Builders have to provide valid information about their company and their projects to the RERA website. Once all the submitted documents are proved its authentication, developers will be having their unique identity number instantly. Previously, this entire process used to procure in 45 days’ itinerary.
“After initial delay, it seems that all 29 states and UTS are set to submit their respective RERA norms along with the formation of state RERA authorities (RA). Union ministry needs an all-embracing completion of the process,”-said Mr. Mahesh Somani, West Bengal RERA and realty expert.
Asking about West Bengal RERA Rubicon, Mr. Somani said, “Following the central guidance West Bengal government will also submit state RERA regulation within July 31. Government is well aware of the fact that homebuyers as well as the entire realty market of Bengal have stalled as long as the RERA act is not coming into action. But before RERA come into force, home buyers should know as the pros and cons of RERA for their own safety sake. While defaulters will be punished under RERA regime, meanwhile a false allegation against the developer or a realtor can put buyers in trouble too.”
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