UP-RERA requires apartment sales based on carpet area
Real Estate

UP-RERA requires apartment sales based on carpet area

In a move aimed at enhancing transparency and protecting homebuyers' interests, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has directed promoters to sell apartments based on carpet area alone. This decision aligns with the regulator's commitment to fair practices and ensuring that buyers have accurate information about the actual usable space in their purchased units.

The new directive emphasises the importance of providing clarity in real estate transactions, focusing on the carpet area as the basis for selling residential units. Carpet area, which excludes the thickness of internal walls, provides a more accurate representation of the usable space within an apartment.

By shifting the focus to carpet area, UP-RERA aims to prevent ambiguity and misrepresentation in property transactions. This regulation is poised to empower homebuyers with precise information, allowing them to make informed decisions based on the actual liveable space in the apartments they are considering.

This step by UP-RERA is part of a broader initiative to instill confidence in the real estate market and strengthen buyer protection measures. The move reflects a commitment to ethical and transparent practices within the real estate sector, fostering a more reliable and consumer-friendly environment for property transactions in Uttar Pradesh.

In a move aimed at enhancing transparency and protecting homebuyers' interests, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has directed promoters to sell apartments based on carpet area alone. This decision aligns with the regulator's commitment to fair practices and ensuring that buyers have accurate information about the actual usable space in their purchased units. The new directive emphasises the importance of providing clarity in real estate transactions, focusing on the carpet area as the basis for selling residential units. Carpet area, which excludes the thickness of internal walls, provides a more accurate representation of the usable space within an apartment. By shifting the focus to carpet area, UP-RERA aims to prevent ambiguity and misrepresentation in property transactions. This regulation is poised to empower homebuyers with precise information, allowing them to make informed decisions based on the actual liveable space in the apartments they are considering. This step by UP-RERA is part of a broader initiative to instill confidence in the real estate market and strengthen buyer protection measures. The move reflects a commitment to ethical and transparent practices within the real estate sector, fostering a more reliable and consumer-friendly environment for property transactions in Uttar Pradesh.

Next Story
Building Material

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Next Story
Technology

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Next Story
Infrastructure Urban

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?