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Uttar Pradesh's real estate regulator has stated that more than 1.15 lakh residential and commercial units are currently available for sale across the state, rejecting concerns about any immediate supply shortage. The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has cautioned prospective homebuyers and investors against claims by developers or property agents suggesting that inventories are running low or that prices are likely to increase sharply. According to the regulator, the available stock includes flats, villas, plots, shops, offices and other commercial properties spread across the western, central and eastern regions of the state. UP RERA has advised buyers to conduct thorough due diligence, verify project details through the regulator's portal and make property investment decisions based on facts rather than marketing pressure.
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has said that more than 1.15 lakh residential and commercial units are currently available for sale across the state and has urged buyers not to be influenced by claims of an impending shortage of inventory or rapid price escalation. The advisory was issued in the past week as the regulator sought to provide clarity on prevailing market conditions and encourage informed property purchase decisions.
According to UP RERA, the state's real estate market presently offers over 1,15,000 units for sale, comprising flats, villas, residential plots, retail shops, office spaces and other commercial properties. The authority said the volume of available inventory demonstrates that buyers continue to have a wide range of options across different budget segments and property categories.
The regulator noted that current market data indicates adequate availability of residential and commercial properties across major real estate markets in Uttar Pradesh. It emphasised that the existing inventory levels do not support assertions that buyers must make immediate purchase decisions due to limited supply.
UP RERA specifically cautioned prospective purchasers against claims made by certain promoters and real estate agents suggesting that property prices are expected to rise sharply in the near term or that available units may soon be exhausted. The authority stated that such representations are often used to create urgency and encourage immediate bookings. Based on available market data, it said there is no indication of any inventory shortage across the state's property market.
Providing a regional breakdown of available stock, the regulator said the western zone accounts for the largest share, with more than 60,000 units available for sale. This represents nearly 55 per cent of the total inventory and reflects the region's position as a major hub of real estate activity, supported by projects across multiple asset classes.
The central zone has over 40,000 units available, accounting for around 35 per cent of the state's total inventory. Meanwhile, the eastern zone has more than 15,000 residential and commercial units currently available for purchase.
UP RERA advised homebuyers and investors to verify critical project-related information before making any financial commitment. This includes checking project registration details, promoter credentials, approved building plans, construction progress and expected possession timelines.
The authority stated that all relevant project information is accessible through its online portal, enabling buyers to independently assess developments before investing. It further highlighted that property purchases are long-term financial commitments and advised consumers to avoid making decisions based on misleading advertisements, artificial scarcity narratives or pressure-selling tactics. The regulator urged buyers to rely on verified information and market data while evaluating investment opportunities and selecting properties.
Source - PTI
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