UP RERA Warns Builders Against Handing Over Incomplete Flats

15 May 2025 CW Team

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has directed developers to stop handing over incomplete flats, also called bare shell or canvas units, warning that such violations may attract penalties of up to five per cent of a project’s total cost.

The order, issued on 8 May 2025 under Section 37 of the Real Estate (Regulation and Development) Act, 2016, states that possession can only be offered after full completion of the apartment, with all amenities in place, and a registered sale or lease deed executed.

UP RERA observed that some developers were inserting conditions in sale agreements requiring allottees to accept incomplete units, which it deemed illegal. Completion or occupancy certificates (OC) from competent authorities are mandatory before physical possession can be transferred.

Developers must also secure all no-objection certificates for safety and services before applying for an OC. Rule 1.8(3) of the UP Agreement for Sale Rules, 2018 mandates inclusion of all costs and facilities in the quoted price.

The directive enforces strict adherence to registered agreement formats and defines “ready-to-move-in” homes as fully finished units. Penalties under Sections 38 and 61 may apply for non-compliance.

Source:Hindustan Times

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..