+
Haryana builders seek three months extension for RERA registration
Real Estate

Haryana builders seek three months extension for RERA registration

After the completion of the deadline on July 31, 2017, for RERA registration ongoing projects, several projects are yet to be registered. Haryana-based realtors are expecting an extension in the deadline for the registration of the remaining projects under H-RERA. They have come across, approaching three months of extension in the deadline to the government.

According to reports, till now, only around 30 state projects have received registration certificate, whereas over 400 applications were submitted during July 28-31. As per the regulatory norms, the developers can advertise their projects only after the registration of the projects under the act. The Haryana Government had issued against 20 developers in the last month for advertising their projects without registration.

Praveen Jain, President, National Real Estate Development Council (NAREDCO), says, “The government should extend the deadline by three months, as notification of rules was delayed by the same period,”. According to him, the norms should be notified by May 1 itself, but the final rule got notified on July 28, only with the three months delayed. He also adds, “The UP Government has extended the deadline for registration by 15 days, along with a plan to impose minimum penalty for the first three months after that”.

A senior official at the department of town and country planning (DTCP) reportedly says that they have received many applications for registration from builders and agents. “We received applications till July 31. Till now, there’s no decision to extend the deadline,” said the official. Reportedly, there can be no certainty regarding the extension of the deadline that the realtors seek.

Ssumit Berry, Managing Director, BDI Group, emphasised the confusion that prevailed in the initial days. “There were many challenges being faced by all stakeholders initially, due to the lack of clarity on the Act. There was confusion over the state and central RERA Acts, which took time to get cleared. Even the website either had faults or was down for most of the initial 30 days,” Fir him, the extension would further help the realtors to conform the norms more successfully. However, the state government has not been successful yet in uploading a fully functional H-RERA website instructing the realtors to submit their application manually.

“Although implementation of H-RERA will give a boost to the real estate sector, there are many grey areas on which both developers and customers need clarity. Deadline extension will be a positive step towards its successful implementation,” says Vineet Relia, Managing Director, SARE Homes.
 


After the completion of the deadline on July 31, 2017, for RERA registration ongoing projects, several projects are yet to be registered. Haryana-based realtors are expecting an extension in the deadline for the registration of the remaining projects under H-RERA. They have come across, approaching three months of extension in the deadline to the government. According to reports, till now, only around 30 state projects have received registration certificate, whereas over 400 applications were submitted during July 28-31. As per the regulatory norms, the developers can advertise their projects only after the registration of the projects under the act. The Haryana Government had issued against 20 developers in the last month for advertising their projects without registration. Praveen Jain, President, National Real Estate Development Council (NAREDCO), says, “The government should extend the deadline by three months, as notification of rules was delayed by the same period,”. According to him, the norms should be notified by May 1 itself, but the final rule got notified on July 28, only with the three months delayed. He also adds, “The UP Government has extended the deadline for registration by 15 days, along with a plan to impose minimum penalty for the first three months after that”. A senior official at the department of town and country planning (DTCP) reportedly says that they have received many applications for registration from builders and agents. “We received applications till July 31. Till now, there’s no decision to extend the deadline,” said the official. Reportedly, there can be no certainty regarding the extension of the deadline that the realtors seek. Ssumit Berry, Managing Director, BDI Group, emphasised the confusion that prevailed in the initial days. “There were many challenges being faced by all stakeholders initially, due to the lack of clarity on the Act. There was confusion over the state and central RERA Acts, which took time to get cleared. Even the website either had faults or was down for most of the initial 30 days,” Fir him, the extension would further help the realtors to conform the norms more successfully. However, the state government has not been successful yet in uploading a fully functional H-RERA website instructing the realtors to submit their application manually. “Although implementation of H-RERA will give a boost to the real estate sector, there are many grey areas on which both developers and customers need clarity. Deadline extension will be a positive step towards its successful implementation,” says Vineet Relia, Managing Director, SARE Homes.  

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?