Legal Heirs to Get Property Transferred for Just ₹1,000: UP RERA's Big Decision

Lucknow, May 7: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has mandated that developers or promoters must transfer property to the legal heirs of deceased allottees for a maximum fee of just ₹1,000. Different authorities were charging between ₹1,000 to ₹25,000, while promoters of unregistered properties were demanding lakhs of rupees.

Amendment After Complaints

UP RERA Chairman Sanjay Bhoosreddy said the authority received many complaints where builders were charging arbitrary fees for transfer, sometimes on a per square feet basis. Based on these complaints, Rule 47 related to administrative and standard fees was amended.

Fee Structure for Transfer

Developers or promoters must now transfer property to the spouse, son or daughter of the deceased allottee upon payment of just ₹1,000. Legal heirs will need to submit documents including death certificate, legal heir certificate issued by competent authority, and no-objection certificate from other legal heirs.

For transfer of property to persons outside the family, promoters can charge a maximum fee of ₹25,000. In such cases, no new sale deed or lease agreement will be executed.

Relief for Unregistered Project Buyers

UP RERA will also hear complaints from home and shop buyers whose projects were not registered. Such buyers can approach UP RERA to seek refund, possession or other relief. This amendment under Section 85 of the RERA Act, 2016 has come into effect from March 25. If a promoter fails to register even after directions, they may face a penalty of 10% of the project cost and up to three years of imprisonment.