3,467 real estate projects registered with UP RERA, 46% of them in NCR
Priya Singh | 2023-11-17
One of the main recommendations of the Union Housing and Urban Affairs Ministry's expert committee report released on August 21 was that all real estate projects should be mandatorily registered with RERA.
According to the UP RERA's data, of the 3,467 projects registered in the state, 1,411 are considered new, registered after May 1, 2017, and 2,056 are considered ongoing, registered before May 1, 2017
After a report by an expert committee of the Union Ministry of Housing and Urban Affairs (MoHUA) on legacy stalled real estate projects, Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has said 3,467 real estate projects are registered with it. Out of this, 1,598 projects are registered in the National Capital Region (NCR) of Delhi — more than 46 per cent — and 1,869 in the non-NCR region.
The MoHUA constituted a committee on March 31 under the chairmanship of Amitabh Kant, G20 sherpa and ex-CEO of NITI Aayog, and it submitted its report on August 21. One of its main recommendations is that all real estate projects should be mandatorily registered with RERA.
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