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The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Monday launched its ‘Performance Report 2020’ which incorporates data associated to its functioning in addition to particulars of assorted initiatives within the state.
“The report would serve as a ready directory of the projects registered with UP RERA providing a snapshot for the project status for reference,” UP RERA Chairman Rajive Kumar stated in an announcement.
The report will quickly be obtainable on its web site.
“The report also outlines the way forward and road map for UP RERA mentioning the upcoming initiatives such as regulation of the real estate projects and monitoring of separate accounts of the projects, adjudication of complaints, execution of orders, constructive interface with all stakeholders and many more.
“The book would also serve as a knowledge-sharing platform for all the regulatory authorities,” Kumar added.
The report consists of the present initiatives, achievements and finest practices adopted by the authority for efficient implementation of provisions of the RERA Act.
A project-wise compilation of important data just like the mission registration particulars, information pertaining to towers and mission progress, amongst others, are included within the report.
According to latest official knowledge, UP RERA, which began judicial work two years in the past, registered a complete of 28,020 homebuyer complaints throughout the interval.
Out of those, 20,740 (74.01 per cent) are from NCR and seven,280 (25.9 per cent) from non-NCR areas of the state. “The complaints disposed of included 16,136 from the NCR region and 4,893 complaints from the non-NCR region. The orders passed by RERA include 5,036 orders for the refund of funds and 7,242 orders for the grant of possession,” as per the information.
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