Maharashtra leads in implementation of RERA
According to Gautam Chatterjee, Chairman, MahaRERA, “To date, 20,500-20,600 projects are registered with us, of which 13,000 are ongoing. These incomplete projects came in during the effect of the Act. On average, we have 1,000 projects registered every quarter, which is about 1 lakh apartments registered every quarter. As far as Maharashtra is concerned, I believe registration and new project launches are right on track.”
As reported by ANAROCK Property Consultants, 307 projects have been registered under RERA in Andhra Pradesh, up from a mere 61 in November 2018. Project registration in Karnataka stands at 2,530 projects with 1,342 RERA-registered real-estate agents. Following Maharashtra’s lead is Gujarat with 5,317 RERA-registered projects and 899 registered agents and agencies.
Indeed, the Centre’s push to enforce the act in each state is gaining momentum. Reports suggest that states in the Northeast such as Manipur, Meghalaya, Mizoram, Nagaland and Sikkim have also agreed to officially notify RERA rules soon. West Bengal is the only state that has notified its own real estate law under the West Bengal Housing Industry Regulatory Authority (WBHIRA).
The Act is expected to cover developers as well as real-estate agents across India. Reportedly, 22 states and six union territories have notified their RERA rules, of which 19 states have active online portals.
- DIKSHA JAWLE
Related Stories
Gold Stories
KONE Opens India's First Digital Experience Centre in Pune
KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..
CII GreenCo Launches Circularity Guidelines for Indian Industry
The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..
Global Electronics Association Launches IPC-1783-CO2E Standard
The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..
Related Articles
Latest Updates
