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The authority has prohibited Ansal API from creating any third party interests or making any transfer/sale by way of a registered sale deed or agreement or MOU or through any other instrument of any area in any of its projects registered with RERA or of the area not registered with RERA.
The Uttar Pradesh Real Estate Regulatory Authority (RERA) on Tuesday said it has barred realty firm Ansal API from sale or transfer of any residential
A committee may suggest that RERA be strengthened to improve the execution of recovery warrants issued against defaulting real estate developers.
It has also been notified by Authority that Gautam Buddh Nagar and Lucknow are the top two districts in terms of the number of complaints filed. More than 47,000 complaints have been registered and more than 42,000 have been disposed of.
The new projects include 32 residential and 4 commercial projects and the estimated value of these projects is worth Rs 3648.35 crore.