UP RERA’s game-changer directives revolutionize real estate efficiency and transparency

financialexpress.com:

In the dynamic landscape of India’s real estate, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has emerged as a catalyst for change, ushering in a new era of transparency and efficiency. The recent directives issued by UP RERA are game-changers, particularly in enhancing the clarity and fairness of transactions, redefining the relationship between developers, agents, and homebuyers.

The recent mandate by UP RERA requiring real estate agents to undergo compulsory training and certification courses marks a significant step towards enhancing professionalism within the sector. This directive applies to both newly registering agents and those already registered with UP RERA. By enforcing mandatory training, UP RERA aims to elevate the standards of service provided by real estate agents, ensuring they possess the necessary knowledge and skills to serve clients effectively.

The impact of this mandate is two-fold. Firstly, it enhances consumer protection by equipping agents with comprehensive understanding of real estate laws, regulations, and ethical practices. This will help prevent fraudulent activities and misleading information, thereby fostering trust between agents and clients. Secondly, it promotes industry credibility and transparency, as certified agents are perceived as more reliable and competent professionals.

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One of the pivotal directives from UP RERA challenges the conventional practice of selling apartments based on ‘Super Area.’ The authority asserts that, according to the RERA Act, there is no justification for the concept of ‘Super Area.’ All transactions, buying, and selling, must be anchored on the more