UP-Rera Guidelines for Builder-Buyer Settlements: Ensuring Transparency and Compliance
Share this

By Staff Reporter

The UP RERA issued a Press Note on July 11, 2024, titled “Authority to Not Give Temporary OC, Part OC to Give Complete Details”. The press note states the following key points:

1. **Clear Marking of Completed Portions**: UP RERA has instructed development authorities to clearly indicate the completed portions of a project in the partial completion or occupancy certificate. This ensures that homebuyers can be confident about the registry of their unit and its completeness at the time of possession.

2. **No Temporary Certificates**: Development authorities are directed not to issue temporary completion or occupancy certificates, as these do not align with the rules and can be detrimental to the allottees.

3. **May 29, 2024 Order**: An order issued on May 29, 2024, addresses the prevalent system of issuing partial occupancy certificates and temporary completion/occupancy certificates. It mandates that the names of towers or blocks must be clearly mentioned in these certificates, along with all the towers or blocks included in the project or any of its phases.

4. **Discrepancies Noted**: UP RERA has observed inconsistencies between the details in the partial completion or occupancy certificates and the information provided at the time of project registration by the promoter. These discrepancies raise doubts about the completeness of the units and towers at the time of registry and possession.

5. **Challenges for UPRERA Benches**: The note highlights the difficulties faced by UPRERA benches in resolving complaints related to the completion of units or towers. It reiterates the directive to avoid issuing temporary certificates, as they are not permitted under the rules and can cause significant issues for allottees if such certificates are later revoked.

6. **Consistency in Names**: The press note emphasizes the need for consistency in the names of projects, towers, and blocks in the completion or occupancy certificates. These names must match the details submitted during registration with UPRERA.

This press note aims to enhance transparency and protect the interests of homebuyers by ensuring that only accurate and compliant certificates are issued.

Leave a Reply

Your email address will not be published. Required fields are marked *