UP RERA Launches 19th Real Estate Agent Training Session in Lucknow
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has commenced the four-day '19th Real Estate Agent Training Session' in Lucknow, aimed at enhancing professionalism and accountability in the real estate sector.
Real EstateUp ReraTraining SessionReal Estate AgentsRera ActReal Estate NewsSep 03, 2025
Delivering the inaugural address, Bhoosreddy emphasized the importance of the training program for real estate agents. He highlighted that promoters, agents, and RERA are intrinsically linked, working together under the provisions of the RERA Act to ensure the security of consumer investments and the growth of a healthy and competitive real estate sector as a driver of the state's development.
Bhoosreddy stressed that irregular practices by some promoters and real estate agents in the past had tarnished the sector's reputation. This necessitated the establishment of RERA to ensure accountability and transparency. He underlined the significant role real estate agents play in the sector and the importance of regular training programs to enhance their professionalism.
Bhoosreddy encouraged the participants to study relevant laws, such as the Apartment Ownership Act, to gain a deeper understanding of the sector and strengthen their expertise. He motivated the participants, emphasizing that passing the examination at the conclusion of the program is mandatory. Successful candidates will receive their certificates within a fortnight at a ceremony held at the RERA headquarters. Their credentials will then be uploaded to the RERA portal, enabling them to apply online for registration as real estate agents.
After obtaining the registration certificate, agents can start working in the sector. Bhoosreddy advised the agents to share only verified information, including project details available on the RERA portal, with clients. He urged agents to closely monitor projects, provide accurate information to buyers, and informally raise concerns if a promoter makes misleading claims. He also recommended that agents regularly review the Quarterly Progress Report (QPR) of the project.
Bhoosreddy informed the participants that nodal officers nominated by RERA are available to address their concerns promptly via email. Secretary of UP RERA, Mahendra Verma, also interacted with the participants, introducing them to upcoming sessions and speakers while emphasizing the importance of ethical practices in the industry.
This training session is a crucial step towards ensuring a more transparent and accountable real estate sector in Uttar Pradesh, benefiting both consumers and industry professionals.
Frequently Asked Questions
What is the purpose of the 19th Real Estate Agent Training Session?
The purpose of the 19th Real Estate Agent Training Session is to enhance the professionalism and accountability of real estate agents, ensuring they are well-versed in relevant laws and ethical practices.
Who inaugurated the training session and what was the highlight of the inauguration?
The training session was inaugurated by Sanjay Bhoosreddy, Chairman of UP RERA, who highlighted the importance of accountability and transparency in the real estate sector.
What are the requirements for real estate agents to become registered after the training session?
Real estate agents must pass the examination at the end of the training session. Successful candidates will receive certificates and can apply online for registration as real estate agents through the RERA portal.
How can real estate agents ensure they provide accurate information to clients?
Real estate agents are advised to closely monitor projects, provide accurate information from the RERA portal, and regularly review the Quarterly Progress Report (QPR) of the project.
What role do nodal officers play in the training session?
Nodal officers nominated by RERA are available to address the concerns of real estate agents promptly via email, providing support and guidance throughout the training session.
Related News Articles
Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024
The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.
Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project
Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.
Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter
Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.
Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action
A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu
Ahmedabad Shines with Top Rental Yields in India
Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.
Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market
Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of