UP RERA warns against misleading advertisements by Sarvottam World

28 Sep 2023 CW Team

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.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..