UP-RERA consolidates rules for builders and agents: 7 changes homebuyers should know

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has consolidated its regulations covering builders, homebuyers and real estate agents, bringing together 12 amendments notified up to July 13, 2026. The updated framework sets out tighter disclosure, fund-management and reporting requirements that could directly affect homebuyers.

According to India Today, the consolidated rules cover seven key areas, ranging from project disclosures and buyer payments to agent certification and stalled projects.

1. Builders must disclose more project information

Promoters will have to disclose details of key professionals working on a project, including the architect, engineer and chartered accountant. They must also provide a customer relationship manager and a contact or toll-free number.

Builders will have to submit quarterly progress reports with certificates from relevant professionals and keep their UP-RERA profiles updated, including changes involving directors, partners, trustees and financial information.

2. Project money must move through three bank accounts

A project will have three separate accounts: a collection account, a separate account and a transaction account.

Of money deposited by buyers into the collection account, 70% must be transferred daily to the separate account and 30% to the transaction account. Project-related loan money must also go into the separate account.

The accounts will be audited annually, with audit reports uploaded to the UP-RERA website. Builders will also not be allowed to collect project payments from buyers in cash.

3. Buyers get clearer rules on possession and transfers

Builders will have to issue an Offer of Possession in the format prescribed by UP-RERA.

The rules also allow buyers who purchased property in an unregistered project to file complaints online, subject to providing additional project and builder information.

Transfer charges have been specified as well. A transfer to a family member following the death of an allottee will cost Rs 1,000, while transfers outside the family can attract a fee of up to Rs 25,000.

4. Property advertisements face tighter disclosure requirements

Builders and agents will have to prominently provide key information in advertisements and brochures. This includes the UP-RERA registration number, website, QR code, collection-account details, project launch date and the agent's registration number.

The project name used in advertising must match the name in the approved plan.

5. Real estate agents will need certification

Agents will require a training certificate for registration and renewal. They must also maintain records and submit transaction details every three months.

Late submissions will attract fees: Rs 15,000 for quarterly progress reports, Rs 25,000 for annual audit reports and Rs 10,000 for quarterly reports filed by agents.

6. Maintenance deposits cannot be freely used

Interest-Free Maintenance Security (IFMS) collected from buyers must be kept in a separate bank account. Once the residents' association takes over maintenance of common areas, the entire amount must be transferred to it.

The money can be used only for maintaining, repairing and making necessary changes to common facilities, with records and audits required.

7. Stalled projects get a clearer regulatory framework

The consolidated regulations also address extension or withdrawal of project registration and the transfer of responsibility for stalled projects to another promoter.

For homebuyers, the significance of the consolidation is practical: rules that were previously spread across multiple amendments are now available together through UP-RERA's legal section. The authority's website currently lists the Uttar Pradesh RERA General Regulations as consolidated through the 12th amendment notified on July 13, 2026.