Verify before you buy: UPRERA issues advisory for homebuyers

On May 14, 2026, the Uttar Pradesh Real Estate Regulatory Authority (UPRERA) issued a detailed advisory to protect homebuyers and promote transparency in the real estate sector. The advisory, issued in response to a large number of complaints against developers, asks buyers to make informed decisions to avoid future disputes and financial risks. It also notes that the authority has strengthened its online portal to ensure that key project-related information is easily accessible to the public. Chairman Sanjay Bhoosreddy cautions buyers not to rely solely on promotional material or verbal assurances and to use the official UPRERA portal as the primary source of verified information. The advisory specifies several key aspects for buyers to verify: land title and ownership details (ensuring a clear, legally valid title free from disputes or encumbrances); sanctioned map and layout plan (the construction being sold should match the approved plan); inventory details match (the unit is officially registered and available for sale, preventing duplication or fraud); project bank account details and collection account (at least 70 percent of buyers' funds must be deposited into a project-specific collection account to minimize fund diversion); quarterly progress reports (QPRs) on the portal to monitor construction progress and compliance; and the number and nature of complaints filed against the promoter. The guidance reflects an emphasis on regulatory norms and aims to foster a transparent, trustworthy, and sustainable real estate ecosystem.