Out of 67k registered properties under RERA, 46% in Maharashtra

20 Jul 2021 CW Team

A total of 67,313 projects have been registered in India with 46% of them in Maharashtra alone since the enactment of real estate regulation law and Real Estate Regulatory Authority (RERA).

While Uttar Pradesh tops among states in various complaints discarded by the regulators, the western state also leads the list so far to register property agents.

According to the official data, till July 10, 31,221 projects were registered with the RERA in Maharashtra, followed by 8,685 in Gujarat. At 4,151, Karnataka has the third maximum number of projects registered with RERA. The Madhya Pradesh RERA has registered 3,659, and the UP RERA has registered 3,033 projects.

Maharashtra alone has registered 29,995 out of the total 51,895 registrations across states in the case of the registration of real estate agents or property dealers. 4,579 such agents have been recorded in UP, while barely 389 agents have been registered in Delhi.

Additionally, the data shows that the regulators have resolved 70,001 complaints, with two benches of UP RERA leading the list, having disposed of 27,825 complaints. Haryana, which set up two benches, has reported disposal of 14,591 complaints, followed by Maharashtra, where 10,043 complaints have been resolved.

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Also read: Mumbai notes 47% decline in residential property registrations in May

Also read: Property registrations in Indore recorded a 60% jump in June

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