The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) conducted a comprehensive Promoter Awareness & Feedback Session at its Lucknow headquarters on Thursday. The event, chaired by Chairman Sanjay Bhoosreddy, brought together a large number of promoters and representatives from across the state, aiming to streamline real estate project execution and strengthen compliance with the RERA framework.
Ceremonial Opening and Leadership Participation
The session began with a ceremonial lamp lighting by Chairman Sanjay Bhoosreddy, Secretary Mahendra Verma, Principal Advisor Abrar Ahmad, Legal Advisor Chandan Singh, and Finance Consultant Sudhanshu Tripathi. Their presence reinforced the Authority’s commitment to accountability, transparency, and structured governance in the real estate sector.
Emphasis on Strict Compliance and Efficient Grievance Resolution
In his address, the Chairman highlighted the need for disciplined governance, urging promoters to strictly follow RERA norms to improve their credibility and brand value. He assured participants that accurately submitted SOP or portal-related grievances would be resolved within three to four days, reflecting UP RERA’s effort toward faster redressal mechanisms.
Regulatory Updates and Mandatory Compliance Reminders
Officials presented detailed regulatory statistics and updates on project registrations, timely extensions, and Quarterly Progress Report (QPR) submissions. Promoters were reminded of several key compliance responsibilities:
• Submit extension applications on time
• Adhere strictly to the prescribed Agreement for Sale
• Follow banking and escrow account norms
• Upload tower-wise QPRs without delays
• Ensure organizational updates match ROC records
• Resolve abeyance cases promptly
• Form Associations of Allottees (AOA) after 50% allotment
• Maintain complete documentation and financial transparency
Officials also announced that the map uploading issue had been resolved and that the document upload size on the portal had been significantly increased to assist promoters.
Focus on Best Practices and Avoiding Common Errors
The Authority highlighted achievements by compliant promoters, showcasing best practices that help build customer trust and improve overall operational efficiency. Observed lapses, legal clarifications, and common financial mistakes were discussed in detail. Promoters were advised to maintain accurate records, follow financial discipline, and avoid deviations that could trigger legal complications or project delays.
Interactive Feedback Session with Promoters
An open discussion allowed promoters to raise concerns related to documentation, coordination with local authorities, portal usability, and procedural challenges. UP RERA officials addressed these issues individually and collected feedback to further enhance internal systems, regulatory processes, and ease of doing business in the real estate sector.
Conclusion: Strengthening Transparency and Homebuyer Protection
The event concluded with a strong call for transparency, ethical practices, timely submissions, and strict adherence to regulatory norms. UP RERA reaffirmed its commitment to supporting promoters while ensuring that the interests of homebuyers remain protected. The session was attended by Joint Secretary Uma Shankar Singh, Assistant Director (IT) Amrish Kumar, Media Consultants Pranjal Dixit and Akash Yadav, along with several other officials and staff members.