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• Uttar Pradesh RERA has introduced new compliance requirements for registered real estate agents.
• Agents will now be required to submit details of transactions handled by them every quarter through the authority's portal.
• The regulator has also prescribed record-keeping norms and penalties for delays in filing reports.
• The changes are aimed at improving transparency and strengthening oversight of brokerage activities in the state's real estate sector.
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has tightened compliance norms for property brokers by making quarterly reporting of transactions mandatory for all registered real estate agents. The new requirements form part of the 11th amendment to the UP-RERA General Regulations, 2019, notified by the authority in May 2026.
Under the revised regulations, every registered real estate agent will have to upload details of transactions facilitated during a quarter on the authority's website within 15 days from the end of that quarter. Along with transaction information, agents will also be required to furnish details of their employees in a prescribed format.
The regulator has introduced a late fee of INR 10,000 for delays in submitting quarterly reports. According to the amendment, agents will have to provide details of all transactions carried out since obtaining registration when making their first statutory filing. Subsequent filings will cover transactions corresponding to the relevant quarter.
In addition to periodic disclosures, UP-RERA has laid down record-maintenance requirements for brokers. Registered agents will be required to maintain books of accounts, including cash books, journals and ledgers, in line with standard industry practices. They must also maintain a customer register in the format specified by the authority.
These records will have to be preserved for at least five years from the completion of a project or from the execution of a registered sale or lease deed, whichever is applicable. The authority has retained the power to inspect such records and seek information during inquiries or investigations.
The latest changes also revise Regulation 54, which now focuses on real estate agent enrolment, training, certification and statutory compliances. The move reflects UP-RERA's increasing emphasis on accountability and professional standards among intermediaries operating in the property market.
Industry observers believe the mandatory reporting framework could help the regulator gain better visibility into market transactions and improve consumer protection. Enhanced record-keeping and regular disclosures are expected to bring greater transparency to brokerage activities and facilitate faster resolution of disputes, while also ensuring that only compliant agents remain active in the sector.
Source UP Rera
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