224+ property terms explained — national RERA terminology, regional land records (Fard, Jamabandi, 7/12, Patta), property documents, financial terms, and state-specific real estate vocabulary.
The proportionate share of the total land that is allocated to each flat owner in an apartment complex. Particularly important in South India (Tamil Nadu, AP, Telangana, Karnataka) where buyers own their UDS of land.
In RERA context, a single residential or commercial space within a project offered for sale — an apartment, shop, office, or plot.
Uttar Pradesh Real Estate Regulatory Authority — state RERA for UP. Conducts mandatory 4-day agent training + examination. Official portal: up-rera.in. Covers Noida, Greater Noida, Ghaziabad, Lucknow.
Now largely repealed, this was a law that restricted ownership of urban land above a certain limit. Repeal has enabled more land availability for development.
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