Rajesh Kumar Tyagi, secretary, UP-Rera (Image credit: https://up-rera.in/leadership)
NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has rejected applications from Supertech to register two residential projects, citing non-performance in its earlier ventures. It’s the first time the regulator has taken such a step and sets a precedent.
The two projects, Golf Country phase 1A and Golf Country phase 1B, are located in Yamuna Expressway’s Sector 22. Both are in the launch stages. According to UP Rera, the decision was taken after a meeting with Supertech chairman RK Arora in which he “failed to convince” the regulator about his completion plan for the projects.
Gurgaon
Haryana
India
Yamuna
India-general
Uttar-pradesh
Ghaziabad
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Uttar-pradesh-real-estate-regulatory-authority
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Yamuna-expressway