‘UP RERA issued 5,700 RCs since 2017, recovered Rs 1,410 crore'
Additionally, around 1,650 recovery certificates were mutually settled between promoters and allottees. UP RERA also facilitated resolution in 8,500 cases involving refunds and possession, valued at Rs 3,320 crore, through execution proceedings and conciliation forums in Lucknow and Greater Noida.
In total, claims worth Rs 5,180 crore from 15,850 allottee-complainants have been discharged—either through recovery, mutual settlement, enforcement proceedings, or conciliation.
The authority continues to play a pivotal role in safeguarding homebuyers' interests and ensuring accountability in the real estate sector.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
36 minutes ago
- Time of India
Yaduveer inspects Unity Mall project at Doddakere
Mysuru: Mysore MP on Monday visited Dasara Exhibition Grounds at Doddakere, opposite the Mysuru Palace, to inspect the centrally-sponsored Unity Mall project, which is being developed on 6.5 acres. Tired of too many ads? go ad free now He was accompanied by Krishnaraja MLA TS Srivatsa, Karnataka State Industrial Development Corporation (KSIDC) chief engineer Suresh Babu, and executive engineer Hemanth Kumar. During his visit, Wadiyar observed the initial stages of construction. Yaduveer said that the mall's construction, sanctioned by the Union govt at a cost of Rs 192.99 crore and implemented by KSIDC, is scheduled for completion by the end of 2027. The project includes a Wrestling Pavilion, Sky Walk, 3D theatre, and other facilities aimed at promoting the wrestling activities for which Mysuru is renowned. The Centre has also sanctioned the construction of similar malls in Gujarat and Tamil Nadu to boost trade, commerce, hospitality, and tourism. The mall, also known as Unity Mall and inspired by Delhi Haat, will be built in Indo-Saracenic style. Under the Swadesh Darshan scheme, the Union govt has provided interest-free loans to establish Unity Malls in Karnataka with the primary aim of showcasing local handicrafts from all 31 districts, 28 states, and 8 union territories under one roof. The mall will also feature dedicated spaces for sandalwood products, silk products of the state, rosewood inlay works, geographical indication (GI) tagged products like Mysuru jasmine, Mysuru betelnut, Najangud rasabale, Mysuru Pak, and other Make In India products, reflecting the rich cultural heritage of the Mysuru region. The architectural design of the mall will embody India's unity and grandeur, incorporating elements like grand facades, atriums, and landscaping. Tired of too many ads? go ad free now Amenities will include a state-of-the-art food court, parking, and designated areas for recreational and cultural activities. Additionally, there will be conference rooms, galleries, exhibition spaces, and parking facilities as per the project plan. A total of 99 stalls will be available for exhibitions, open to visitors throughout the year. The three-storeyed Unity Mall will feature a grand entry, ticket counter, food counter, bar and restaurant, mall management office, restrooms, conference room, fire safety systems, prayer hall, kids play area, commercial complexes, and a wrestlers' room on the ground floor. The first floor will include one country, one product stalls, a Mysuru painting gallery, toilet stores, multi-purpose theatres, and a 3D IMAX theatre. The second floor will house stalls related to one district, one product, other state govt stalls, and gaming facilities. The third floor will contain additional stalls, with 14 on the ground floor, 23 on the first floor, 43 on the second floor, and 19 on the third floor.
Time of India
an hour ago
- Time of India
Online frauds cheat investors with fake luxury goods scheme, 8 arrested
Noida: Eight members of an online fraud racket that lured people with promises of becoming millionaires were arrested on Sunday. The accused operated via Google Meet, convincing targets to invest Rs 1.5 lakh by purchasing fake luxury goods like gold, diamonds, and watches. Payments were collected during the meetings, often in dollars or bitcoins. When investors failed to make profits, they were pressured to buy more products and even offered fake loans to continue investing. Those arrested include Vidhan Dagar (27), Kaushik Dagar (31), Tapas Dhara (28), and Ganesh Bera (23), natives of West Bengal; Satish Shaw (29) of Jharkhand; Kalpesh Raju Bhai (23) of Gujarat; Gurvinder Singh (29) of Ludhiana; Gurdeep Singh (39) of Punjab. All of them were residents of the Bisrakh area, Greater Noida. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida Ten laptops, five tablets, 13 mobile phones, a cheque worth Rs 1 crore, 30 ATM cards, four watches, and a Swift car were recovered from their possession. According to Greater Noida's additional DCP Sudhir Kumar, a man named Pravin Kumar Pal registered a complaint stating that he and his cousin had been duped out of a large sum of money by an online business. Acting on the complaint, Ecotech-1 police traced and arrested the accused. Ecotech-1 police station in-charge Arvind Verma said the accused worked for a Dubai-based online company, commonly known as QNET/VIHAAN, which lured people in "get-rich-quick" schemes. The company was already under investigation in Delhi, Rajasthan, and Meghalaya. Explaining the gang's modus operandi, Verma stated that the gang held webinars on Google Meet and made the targets pay Rs 1.5 lakh to join the company. The targets were sold products such as gold, diamonds, and watches, and were told to resell them for bigger profits. In most cases, the victims did not receive the products. Those who did found them to be of substandard quality. "The accused now face charges under sections 318(4) (cheating), 351(2) (criminal intimidation), and 61(2) (criminal conspiracy) of the BNS at the Ecotech-1 Police Station," Verma said.
Time of India
an hour ago
- Time of India
Govt set to appoint consultant for project to ease T1-T3 travel
New Delhi: Commuting woes between Delhi's Indira Gandhi International (IGI) Airport's terminals 3/2 and T1 are finally on the authorities' radar. Delhi govt plans to appoint a consultant to study the feasibility and prepare a detailed project report for constructing a Y-shaped flyover and widening the tunnel road under the runway, according to sources. Delhi International Airport Ltd (DIAL) officials recently met PWD minister Parvesh Verma, who subsequently sent a team to the site for inspection and set the ball rolling to study and implement the proposal that had been gathering dust for years. "Minister Verma assured us of action in terms of appointing a consultant for the twin project," said a source. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi Several years ago, DIAL had proposed doubling India's only tunnel-road-under-a-runway from the current six lanes as part of a comprehensive plan to make commuting between terminals 3/2 and T1 — almost 7km apart — less painful for transit flyers. With T1 handling four crore passengers annually (CPA), the volume of transit traffic has risen exponentially. Moreover, DIAL's proposed air train has also been delayed, with no sign of work on it beginning anytime soon. To handle the volume of transit traffic between T3/2 and T1 till an air train is ready, DIAL had proposed a Y-shaped flyover connecting the Northern Access Road to the road leading to Dwarka on one side and Indira Gandhi Road that leads to Dhaula Kuan and Vasant Vihar on the other. While the proposed flyover would make the commute between T1 and T3 signal-free at the currently choked NSG junction on T1 and Indira Gandhi roads, coping with the increased vehicular movement will require widening the Northern Access Road that links the two terminals. This includes the existing six-lane tunnel road (three lanes for each direction) that is proposed to be doubled by having an additional six-lane underpass section. It is learnt the entire project will cost Rs 300-350 crore. As the road belongs to PWD, DIAL has approached both the Delhi and central govts. "The project is proposed to be funded 20% by the state and 80% by Centre through its urban development fund. The request has been made, and both are seized of the issue," said a source.
