In an effort to safeguard homebuyers and promote transparency in the real estate sector, the Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has released an advisory detailing essential precautions for prospective buyers. This advisory comes in response to numerous complaints against developers, highlighting the need for informed decision-making as investments in housing projects increase across Uttar Pradesh, India. UPRERA chairman Sanjay Bhoosreddy stressed that homebuyers should not depend solely on promotional materials or verbal assurances from developers. Instead, they should utilize the official UPRERA portal for verified information.

Key recommendations include verifying land title and ownership to ensure the property is free from disputes, examining the sanctioned building plans for compliance, and checking inventory details to confirm that the offered units are officially registered. Additionally, UPRERA mandates that developers deposit at least 70% of collected funds into a project-specific account, which buyers should verify to ensure their investment is used appropriately. Regular updates through Quarterly Progress Reports (QPRs) on the portal are also crucial for understanding project status. Lastly, buyers are advised to investigate any complaints filed against developers to gauge potential risks.