+
UP RERA warns against misleading advertisements by Sarvottam World
Real Estate

UP RERA warns against misleading advertisements by Sarvottam World

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) denounced the promotional materials released by Sarvottam World, deeming them as "misleading and fraudulent." The UP RERA issued a stern warning to potential buyers and investors regarding Sarvottam World's upcoming project.

According to an official statement, the UP RERA identified a real estate project called 'Megapolis/Sarvottam Megapolis' within a technologically advanced township known as 'NEWOIDA.' This project was being vigorously advertised by the promoter, 'Sarvottam World,' across various media platforms, including newspapers, radio, and digital media.

"In this matter, we find it imperative to inform and caution all stakeholders within the real estate sector that the aforementioned advertisement is entirely deceptive and fraudulent. Contrary to the claims made in the advertisement, no such project is registered with RERA," stated UP RERA Secretary Pramod Kumar Upadhyay.

The registration numbers mentioned in the advertisements - UPRERAPRJ10825, UPRERAPRJ10851, and UPRERAPRJ11033 - actually belong to a different promoter, Uttam Steel and Associate (Consortium), and Ansal Hi-Tech Township, Upadhyay revealed.

"This kind of promotional activity by the promoter constitutes a violation of the provisions outlined in the RERA Act. Such advertising efforts can tarnish the promoter's reputation among stakeholders in the sector and may lead to injustices against prospective buyers," cautioned Upadhyay.

He added, "The promoter's actions are subject to penalties under the RERA Act of 2016, and we are taking appropriate measures to safeguard the interests of all stakeholders associated with the real estate sector. Promoters must adhere to the provisions of the RERA Act."

The UP RERA emphasised its dedication to regulating and advancing the real estate sector within the state. Additionally, it urged potential buyers and investors in the real estate sector to exercise caution. Before making any purchases or investments in a project, they should verify all project-related information using the registration number provided in the advertisement, which is available on the RERA portal at www.up-rera.in. Only after due diligence should they make their decisions.

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) denounced the promotional materials released by Sarvottam World, deeming them as misleading and fraudulent. The UP RERA issued a stern warning to potential buyers and investors regarding Sarvottam World's upcoming project. According to an official statement, the UP RERA identified a real estate project called 'Megapolis/Sarvottam Megapolis' within a technologically advanced township known as 'NEWOIDA.' This project was being vigorously advertised by the promoter, 'Sarvottam World,' across various media platforms, including newspapers, radio, and digital media. In this matter, we find it imperative to inform and caution all stakeholders within the real estate sector that the aforementioned advertisement is entirely deceptive and fraudulent. Contrary to the claims made in the advertisement, no such project is registered with RERA, stated UP RERA Secretary Pramod Kumar Upadhyay. The registration numbers mentioned in the advertisements - UPRERAPRJ10825, UPRERAPRJ10851, and UPRERAPRJ11033 - actually belong to a different promoter, Uttam Steel and Associate (Consortium), and Ansal Hi-Tech Township, Upadhyay revealed. This kind of promotional activity by the promoter constitutes a violation of the provisions outlined in the RERA Act. Such advertising efforts can tarnish the promoter's reputation among stakeholders in the sector and may lead to injustices against prospective buyers, cautioned Upadhyay. He added, The promoter's actions are subject to penalties under the RERA Act of 2016, and we are taking appropriate measures to safeguard the interests of all stakeholders associated with the real estate sector. Promoters must adhere to the provisions of the RERA Act. The UP RERA emphasised its dedication to regulating and advancing the real estate sector within the state. Additionally, it urged potential buyers and investors in the real estate sector to exercise caution. Before making any purchases or investments in a project, they should verify all project-related information using the registration number provided in the advertisement, which is available on the RERA portal at www.up-rera.in. Only after due diligence should they make their decisions.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?