RERA disposes 65,000+ cases in four years
Real Estate

RERA disposes 65,000+ cases in four years

Four years after its implementation, Real estate regulatory authority (RERA) is coming closer to being the force it was envisioned to be, especially in disposing of consumer complaints across different states and UTs. A recent report by Anarock states that as many as 65,539 cases have been disposed of by the respective state authorities as of April 24, 2021, according to data by the Ministry of Housing and Urban Affairs.

Out of this, nearly 40% cases (approx. 26,510 complaints) were resolved in Uttar Pradesh alone, followed by Haryana with 13,269 cases and Maharashtra with 9,265 cases. The three states cumulatively accounted for nearly 75% of the total disposed cases under RERA in the country.

Project and real estate agent registrations under RERA have also been growing steadily. As of April 24, 2021, nearly 63,583 projects and 50,256 real estate agents have been registered under RERA across the country. Back in the corresponding period in 2019, about 40,155 projects and 29,208 real estate agents were registered. This amounts to an increase of 58% and 72% respectively over the last two years.

Maharashtra remains the frontrunner for project registrations—of all projects registered under RERA to date across 34 states and UTs, Maharashtra accounts for a 45% share. Gujarat comes next with a 13% share, followed by Madhya Pradesh and Karnataka with about 6% share each, and Uttar Pradesh with a 5% share.

According to the report, so far, 34 states/UTs have notified rules under RERA. The North Eastern State of Nagaland is still under process to notify its rules while West Bengal enacted its own legislation that was challenged by the MoHUA before the Supreme Court. However, in a major development, the apex court very recently struck down West Bengal Housing Industry Regulation Act, 2017 (WBHIRA) stating that it overlaps with RERA that was enacted a law in the Parliament.

30 States/UTs have already set up a Real Estate Regulatory Authority since implementation, and of this at least five are interim. Jammu and Kashmir, Ladakh, Meghalaya and Sikkim have also notified their RERA rules but are yet to establish Authorities.

28 States/UTs have set up Real Estate Appellate Tribunal for disposing of consumer complaints, including six as interim. Arunachal Pradesh, Jammu and Kashmir, Ladakh, Meghalaya, Mizoram and Sikkim are still underway to establish theirs.

Regulatory authorities of 27 States/UTs have operationalised their websites under RERA provisions. Arunachal Pradesh, Assam and Manipur are under process to operationalise.

Image Source

Four years after its implementation, Real estate regulatory authority (RERA) is coming closer to being the force it was envisioned to be, especially in disposing of consumer complaints across different states and UTs. A recent report by Anarock states that as many as 65,539 cases have been disposed of by the respective state authorities as of April 24, 2021, according to data by the Ministry of Housing and Urban Affairs. Out of this, nearly 40% cases (approx. 26,510 complaints) were resolved in Uttar Pradesh alone, followed by Haryana with 13,269 cases and Maharashtra with 9,265 cases. The three states cumulatively accounted for nearly 75% of the total disposed cases under RERA in the country. Project and real estate agent registrations under RERA have also been growing steadily. As of April 24, 2021, nearly 63,583 projects and 50,256 real estate agents have been registered under RERA across the country. Back in the corresponding period in 2019, about 40,155 projects and 29,208 real estate agents were registered. This amounts to an increase of 58% and 72% respectively over the last two years. Maharashtra remains the frontrunner for project registrations—of all projects registered under RERA to date across 34 states and UTs, Maharashtra accounts for a 45% share. Gujarat comes next with a 13% share, followed by Madhya Pradesh and Karnataka with about 6% share each, and Uttar Pradesh with a 5% share. According to the report, so far, 34 states/UTs have notified rules under RERA. The North Eastern State of Nagaland is still under process to notify its rules while West Bengal enacted its own legislation that was challenged by the MoHUA before the Supreme Court. However, in a major development, the apex court very recently struck down West Bengal Housing Industry Regulation Act, 2017 (WBHIRA) stating that it overlaps with RERA that was enacted a law in the Parliament. 30 States/UTs have already set up a Real Estate Regulatory Authority since implementation, and of this at least five are interim. Jammu and Kashmir, Ladakh, Meghalaya and Sikkim have also notified their RERA rules but are yet to establish Authorities. 28 States/UTs have set up Real Estate Appellate Tribunal for disposing of consumer complaints, including six as interim. Arunachal Pradesh, Jammu and Kashmir, Ladakh, Meghalaya, Mizoram and Sikkim are still underway to establish theirs. Regulatory authorities of 27 States/UTs have operationalised their websites under RERA provisions. Arunachal Pradesh, Assam and Manipur are under process to operationalise. Image Source

Next Story
Infrastructure Urban

Consultant To Plan Najafgarh Riverfront in Dwarka

Delhi’s Irrigation & Flood Control Department will appoint a consultant to design a 21-acre riverfront park beside the Najafgarh drain near Vipin Garden, Dwarka. The brief covers soil testing, topographical survey and a full layout for walking tracks, landscaped lawns, chhat ghats, parking, an outdoor gym, children’s play areas and a cricket pitch.Fountains, lighting and extensive tree and shrub planting will form part of the beautification works. The consultant must submit a detailed project report within three months, after which construction decisions will be taken.Once the Sahi..

Next Story
Infrastructure Urban

Enviro Infra Wins Rs 3.06 Bn Chhattisgarh STP Orders

Enviro Infra Engineers has secured water-and-wastewater engineering, procurement and construction (EPC) work worth about Rs 3.063 billion in Chhattisgarh.Ambikapur (Surguja district) – Municipal Corporation order for three sewage-treatment plants (STPs) of 16, 14 and two MLD.Rajnandgaon – Two STPs of 26 MLD and 15 MLD for the city corporation.Korba – A single 33 MLD plant for the municipal corporation.Each scheme will be delivered on a turnkey EPC basis and includes a 15-year operation-and-maintenance commitment, ensuring long-term performance and compliance with discharge norms...

Next Story
Infrastructure Urban

Patna Turns 21 Utility Centres into Ward-Level Health OPDs

Patna Smart City Limited is converting 21 public-utility buildings into outpatient clinics so that every municipal ward has a walk-in point for primary care. Each centre will treat common ailments, run maternal-and-child check-ups, give vaccinations, distribute essential medicines and carry out routine tests such as blood and anaemia screening. Yoga classes, family-planning advice and communicable-disease awareness sessions will add a preventive dimension.The sites—ranging from Rajendra Nagar Road 1 and Beur Mod to Chitkohra, SK Puri, Kadam Kuan and Khajekalan—have been chosen so that no r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?