RERA

Uttar Pradesh RERA Marks 10th Year; Designates May 1 as ‘RERA Day’ 

By Realtynmore 1h ago

Lucknow, May 6, 2026: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has marked its entry into its tenth year of operations by designating May 1 as “RERA Day.” The milestone comes as the authority reports a historic surge in project registrations, capital investment, and dispute resolutions, attributing the growth to the transparent and investment-friendly policies established under the leadership of Chief Minister Yogi Adityanath, UP-RERA said in a press release.

Data released by the authority highlights a sharp upward trajectory in the state’s real estate sector. Project registrations rose from 197 in 2023 to 308 in 2025, with the first four months of 2026 already seeing 106 new projects compared to 84 during the same period last year. This expansion is mirrored in the volume of residential and commercial units, which saw a 22.5% jump in 2025 alone. Total investment followed a similar pattern, skyrocketing from ₹28,411 crore in 2023 to ₹68,328 crore in 2025, a 53.5% increase that signals robust investor confidence.

A significant shift in regional dynamics was also noted, as Lucknow has officially emerged as a major real estate hub alongside the NCR. In 2025, Lucknow recorded 67 new project registrations, nearly equaling the 69 projects registered in GautamBuddh Nagar. Officials noted that the state’s focus on infrastructure—including expressways and metro projects—has successfully decentralized investment, spreading growth beyond the traditional NCR corridors.

Protecting consumer interests remains a core pillar of the authority’s mandate. UP-RERA has successfully facilitated the recovery of ₹1,581 crore across 6,252 cases, transferring the funds directly to allottees. Including settlements, a total of ₹2,126 crore has been paid back to home buyers in over 8,000 cases. Furthermore, the “RERA Samvaad” platform, an online grievance redressal initiative launched during the pandemic, has conducted 198 sessions to resolve over 5,287 cases via direct video conferencing.

Uttar Pradesh RERA Marks 10th Year; Designates May 1 as ‘RERA Day’ 

Reflecting on the journey, UPRERA Chairman Sanjay Bhoosreddy emphasized the authority’s role in institutionalizing accountability. “Over the past 9 years, Uttar Pradesh RERA has given top priority to transparency, accountability, and protection of home buyers’ interests. These achievements would not have been possible without the visionary policies of the Uttar Pradesh Government and the effective leadership of Chief Minister Yogi Adityanath. RERA has not only promoted project registrations and investments but has also played a significant role in ensuring that allottees receive their rightful dues. As we enter the 10th year, our commitment is to further strengthen transparency, safety, and investment-friendliness in the real estate sector and reinforce the trust of all stakeholders,” Bhoosreddy stated.

Factsheet:

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has released its comprehensive fact sheet as of May 4, 2026, revealing a dramatic shift in the state’s property landscape. The data shows that real estate momentum is decisively moving beyond the National Capital Region (NCR), with the registration ratio between NCR and non-NCR regions shifting from a 50:50 split at the authority’s inception to a current 40:60 ratio.

Since its operational commencement in 2017, UP RERA has registered a total of 4,192 projects. The current year is on track to set a new record for growth, with 106 new projects registered in the first four months of 2026 alone. This follows a steady upward trend where registrations rose from 197 in 2023 to 308 in 2025. While the NCR still dominates in terms of total units and project size, major cities like Lucknow, Mathura, and Bareilly are emerging as significant hubs. Notably, in 2025, Gautam Budh Nagar led with 69 new projects, closely followed by Lucknow with 67.

The authority has also intensified its crackdown on defaulting developers and agents to safeguard consumer interests. According to the report, the registration of 72 projects belonging to 30 defaulting promoters has been revoked. Furthermore, 128 promoters have been slapped with penalties totaling ₹40.26 crore for failing to comply with buyer-related complaints. Other penal actions include ₹27.52 crore in fines for advertising projects without proper registration and the issuance of recovery certificates amounting to ₹18 crore against promoters of 750 projects for failing to file mandatory Quarterly Progress Reports (QPRs).

To enhance transparency, UP RERA has introduced several digital safety measures, including QR code-embedded registration certificates. These codes must be displayed on all promotional materials, allowing prospective buyers to instantly access project details via their mobile phones. The authority also cautioned the public by placing 350 projects in “Abeyance” after promoters failed to provide sanctioned maps and land documents. To ensure financial accountability, updated directions now require promoters to maintain three distinct accounts—Collection, Separate, and Transaction—to prevent the diversion of homebuyer funds.

Looking toward the future, the authority is preparing to launch “Version 2.0” of its digital portal. This upgrade is set to incorporate advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA). The goal of this modernization is to reduce the time required to resolve complaints and expedite actions against defaulters. As of the current report, the authority oversees a massive ecosystem comprising 4,098 registered promoters and 7,023 real estate agents, including 1,493 agents who are now professionally trained and certified.

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