Real estate projects - execute sale, purchase only through registered agents: UPRERA

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) mandated that all real estate projects must execute sale and purchase agreements only through registered agents. This regulation aims to streamline real estate transactions, ensuring that only authorized agents handle such deals. By enforcing stricter rules on agent registration, UPRERA seeks to curb malpractices and promote greater transparency in property transactions. The directive is part of broader reforms to improve the credibility and efficiency of the real estate market in Uttar Pradesh.