UP RERA warns homebuyers against inventory shortage, price hike claims; says 1.15 lakh real estate units available
India, June 3 -- UP RERA said more than 1.15 lakh residential and commercial units are currently available for sale across the state and urged homebuyers to make informed purchase decisions rather than be swayed by misleading advertisements, rumours, or high-pressure sales tactics.
The authority cautioned buyers against claims by promoters and agents that property prices are set to rise sharply or that available inventory is fast depleting, noting that such assertions are often used to create a false sense of urgency.
"Considering the adequate availability of residential and commercial units in the market, buyers should avoid being influenced by pressure tactics, misleading promotions, or promises of quick gains. They should choose prop...
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