DDA-RERA tussle ends as 18 projects get registered
Real Estate

DDA-RERA tussle ends as 18 projects get registered

RERA had asked the DDA to get the projects registered in 2021 to protect the interests of homebuyers The Real Estate Regulatory Authority (RERA) of Delhi has registered 18 projects of the Delhi Development Authority (DDA), ending the tussle between the two authorities over registration of projects.

In December 2021, RERA had issued an order asking the DDA to get the projects registered to protect the interests of homebuyers, but the DDA filed an appeal in the case. While the hearing was continuing, DDA filed an application in July with details of the projects and RERA gave registration certificates.

“There were 14 projects from 2019 for which we had asked for documents. This will bring transparency in the real estate market and other agencies such as Delhi State Industrial and Infrastructure Development Corporation Ltd will be encouraged to get registered with the authority,” said DDA chairman Anand Kumar.

The DDA had earlier argued that these projects were self-financed by the authority and that the apartments would be sold and handed over to the customers only after completion.

The Delhi RERA, in its earlier order, had said that if DDA projects are implemented in an efficient and transparent manner, customers would benefit. “The registration with RERA will ensure that these projects are developed according to agreed specifications without any quality compromise,” it had said.

The number of registered projects has increased after the authority made it essential for builders to register projects with a total developed area of more than 500 sq m, regardless of the number of flats constructed on it.

See also:
PAG contributes Rs 425 billion to Elan group in Gurugram
500 slabs are cast by CIDCO for PMAY project in 489 days

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RERA had asked the DDA to get the projects registered in 2021 to protect the interests of homebuyers The Real Estate Regulatory Authority (RERA) of Delhi has registered 18 projects of the Delhi Development Authority (DDA), ending the tussle between the two authorities over registration of projects. In December 2021, RERA had issued an order asking the DDA to get the projects registered to protect the interests of homebuyers, but the DDA filed an appeal in the case. While the hearing was continuing, DDA filed an application in July with details of the projects and RERA gave registration certificates. “There were 14 projects from 2019 for which we had asked for documents. This will bring transparency in the real estate market and other agencies such as Delhi State Industrial and Infrastructure Development Corporation Ltd will be encouraged to get registered with the authority,” said DDA chairman Anand Kumar. The DDA had earlier argued that these projects were self-financed by the authority and that the apartments would be sold and handed over to the customers only after completion. The Delhi RERA, in its earlier order, had said that if DDA projects are implemented in an efficient and transparent manner, customers would benefit. “The registration with RERA will ensure that these projects are developed according to agreed specifications without any quality compromise,” it had said. The number of registered projects has increased after the authority made it essential for builders to register projects with a total developed area of more than 500 sq m, regardless of the number of flats constructed on it. See also: PAG contributes Rs 425 billion to Elan group in Gurugram500 slabs are cast by CIDCO for PMAY project in 489 days

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