UP-RERA 2.0 to be launched by May 2023 with improved services

With a goal of providing better service to homebuyers, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) is gearing up to launch new version of their current web portal with enhanced services. The new and improved web portal version 2.0 will use the latest AI / ML technology to reduce time and effort spent in documenting and resolving complaints and speed up the process of taking action against defaulters. The hope to enhance ease of service provided to customers and provide swift justice by considering the best practises established in other RERAs around the country and other comparable bodies.

The updated site will incorporate optical character recognition robotic process automation, application programming interface integration, e-office, digitization, SaaS (Software as a Service), power BI (Business Intelligence), AI (Artificial Intelligence), ML (Machine Learning) and e-signatures. These components will improve the usability of the Version 2.0 portal by providing extensive instructions on how to use the site and its features, it added.

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) is a government agency responsible for regulating the real estate sector in the state of Uttar Pradesh, India. It was established in 2017 under the provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA). It was introduced with the goal to control the quickly expanding real estate market by bringing transparency, safeguarding homebuyers' interests and ensuring prompt resolution of disputes between buyers and builders. It does this by regulating the activities of real estate developers, brokers, and agents, and by providing a forum for the resolution of disputes between consumers and developers.

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UP-RERA 2.0 to be launched by May 2023 with improved services

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