RERA disposes of ~48,556 complaints in 3 years
Real Estate

RERA disposes of ~48,556 complaints in 3 years

After three years since its implementation , RERA is becoming the force it was envisioned to be – especially in disposing of consumer complaints across different states and UTs. As many as 48,556 cases were disposed of by the respective state authorities as of July 2020, according to data by the Ministry of Housing and Urban Affairs. Out of this, nearly 57 per cent cases or approx. 27,581 complaints were resolved in the last one year alone.

Uttar Pradesh takes the lead with as many as 18,509 cases disposed of by the UP RERA authorities so far, against a mere 5,989 cases a year ago. Haryana is at a distant second with nearly 9,919 cases disposed of currently as against 3,123 cases in the corresponding period of 2019. Maharashtra's MahaRERA has so far disposed of nearly 7,883 cases.

Anuj Puri, Chairman, Anarock Property Consultants says, “One of RERA's primary functions is addressing real estate consumers' grievances. In a bit over three years since RERA implementation, the authorities of various state and UTs have resolved over 48,556 consumer complaints. Project and agent registrations have also increased perceptibly in a year - with nearly 24 per cent and 20 per cent respectively.”

Project and agent registrations

The 24 per cent growth in project registrations under RERA in a year pertains to around 43,208 projects by the end of July 2019 to nearly 53,364 projects as of date. The states with maximum project registrations currently include Maharashtra, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, Telangana and Tamil Nadu. Cumulatively, these seven states account for a significant 85 per cent share with nearly 45,278 registered projects. Maharashtra  tops the list with nearly 25,604 project registrations.

Interestingly, UP has seen the least annual growth of 5 per cent in project registrations. In July 2019, around 2,676 projects were registered in the state - currently, the number stands at approx. 2,818 projects. Evidently, developers in the state were more focused on project completions than on new launches.

Among these top 7 states, Telangana saw the highest yearly growth of 79 per cent in project registrations – from 1,064 projects in July 2019 to over 1,902 projects now. Tamil Nadu recorded a 54 per cent yearly jump - as on July 2019, the state has 1,064 projects registered which have increased to 1,635 projects this year.

In terms of agent registrations, there has been a 20 per cent increase in a year – from 34,182 registered agents towards July-end 2019 to nearly 41,143 agents as of July 2020.

High-scoring states

Maharashtra is the frontrunner with the maximum number of project and agent registrations, setting a high benchmark for other states to emulate.

MahaRERA continues to be the 'poster-child' of RERA implementation:

  • As on 4th July 2020, Maharashtra saw the registration of 25,604 projects and 23,999 agents.
  • Gujarat saw 7,210 projects and 1,178 agents registered.
  • In Karnataka, 3,446 projects and 1,916 agents have been registered as of July 2020
  • In Uttar Pradesh, 2,818 projects and 3,808 agents have been registered.
  • Madhya Pradesh saw total registrations of 2,663 projects and 677 agents.
  • Other states catching up in project registrations include Chhattisgarh, Rajasthan, Tamil Nadu and Telangana which saw 1,142, 1,243, 1,635 and 1,902 projects registered respectively.
  • COVID-19 impact: State RERAs extend project deadlines

    Given the unprecedented circumstances wherein the pandemic-induced lockdown more or less completely halted overall construction activity, as many as 23 state RERAs announced a 6-months completion extension for projects whose delivery was scheduled on or after March 24. Further, state RERAs also have the discretion of proving additional leeway of three months, considering local conditions. Since construction activity will still take a while to resume normally because we are still in the midst of the crisis, delays in project deliveries are unavoidable.

    After three years since its implementation , RERA is becoming the force it was envisioned to be – especially in disposing of consumer complaints across different states and UTs. As many as 48,556 cases were disposed of by the respective state authorities as of July 2020, according to data by the Ministry of Housing and Urban Affairs. Out of this, nearly 57 per cent cases or approx. 27,581 complaints were resolved in the last one year alone. Uttar Pradesh takes the lead with as many as 18,509 cases disposed of by the UP RERA authorities so far, against a mere 5,989 cases a year ago. Haryana is at a distant second with nearly 9,919 cases disposed of currently as against 3,123 cases in the corresponding period of 2019. Maharashtra's MahaRERA has so far disposed of nearly 7,883 cases. Anuj Puri, Chairman, Anarock Property Consultants says, “One of RERA's primary functions is addressing real estate consumers' grievances. In a bit over three years since RERA implementation, the authorities of various state and UTs have resolved over 48,556 consumer complaints. Project and agent registrations have also increased perceptibly in a year - with nearly 24 per cent and 20 per cent respectively.” Project and agent registrations The 24 per cent growth in project registrations under RERA in a year pertains to around 43,208 projects by the end of July 2019 to nearly 53,364 projects as of date. The states with maximum project registrations currently include Maharashtra, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, Telangana and Tamil Nadu. Cumulatively, these seven states account for a significant 85 per cent share with nearly 45,278 registered projects. Maharashtra  tops the list with nearly 25,604 project registrations. Interestingly, UP has seen the least annual growth of 5 per cent in project registrations. In July 2019, around 2,676 projects were registered in the state - currently, the number stands at approx. 2,818 projects. Evidently, developers in the state were more focused on project completions than on new launches. Among these top 7 states, Telangana saw the highest yearly growth of 79 per cent in project registrations – from 1,064 projects in July 2019 to over 1,902 projects now. Tamil Nadu recorded a 54 per cent yearly jump - as on July 2019, the state has 1,064 projects registered which have increased to 1,635 projects this year. In terms of agent registrations, there has been a 20 per cent increase in a year – from 34,182 registered agents towards July-end 2019 to nearly 41,143 agents as of July 2020. High-scoring states Maharashtra is the frontrunner with the maximum number of project and agent registrations, setting a high benchmark for other states to emulate. MahaRERA continues to be the 'poster-child' of RERA implementation: As on 4th July 2020, Maharashtra saw the registration of 25,604 projects and 23,999 agents. Gujarat saw 7,210 projects and 1,178 agents registered. In Karnataka, 3,446 projects and 1,916 agents have been registered as of July 2020 In Uttar Pradesh, 2,818 projects and 3,808 agents have been registered. Madhya Pradesh saw total registrations of 2,663 projects and 677 agents. Other states catching up in project registrations include Chhattisgarh, Rajasthan, Tamil Nadu and Telangana which saw 1,142, 1,243, 1,635 and 1,902 projects registered respectively. COVID-19 impact: State RERAs extend project deadlines Given the unprecedented circumstances wherein the pandemic-induced lockdown more or less completely halted overall construction activity, as many as 23 state RERAs announced a 6-months completion extension for projects whose delivery was scheduled on or after March 24. Further, state RERAs also have the discretion of proving additional leeway of three months, considering local conditions. Since construction activity will still take a while to resume normally because we are still in the midst of the crisis, delays in project deliveries are unavoidable.

    Next Story
    Infrastructure Urban

    NBCC Wins Rs 2.95 Billion Project at IIT Mandi

    National Buildings Construction Corporation Ltd (NBCC) has secured a Rs 2.95 billion contract from the Indian Institute of Technology (IIT), Mandi for the development of multiple infrastructure facilities on its campus. The project is scheduled for completion within 30 months, the company said in a regulatory filing to the Bombay Stock Exchange (BSE).Under the scope of the contract, NBCC will construct academic buildings, a guest house, gymnasium, hospital, and an auditorium, significantly enhancing the institute’s academic and residential infrastructure.NBCC also clarified that its investor..

    Next Story
    Infrastructure Transport

    HBL Wins Rs 1.02 Billion Kavach Contract from IRCON

    HBL Engineering Limited has received a Letter of Acceptance (LoA) from IRCON International Ltd for a Rs 1.02 billion contract to implement the Kavach Automatic Train Protection (ATP) System in the Bangalore and Mysore divisions of the South Western Railway.The project, to be completed in 18 months, will span 778 kilometres, covering 85 stations and integrating the system into two locomotives. The Kavach system enhances operational safety and signalling efficiency, helping prevent train collisions and ensuring faster response times during emergencies.This contract is the latest addition to HBL ..

    Next Story
    Infrastructure Transport

    Pune Airport Gets 15 More Flight Slots

    In a move to ease congestion and improve flight access, the number of flight slots at Pune International Airport has been increased from 220 to 235, announced Union Minister of State for Civil Aviation and Pune MP Murlidhar Mohol on Sunday. The increase, facilitated through coordination with the Indian Air Force (IAF), is expected to enhance passenger convenience and support growing regional demand.Given that Pune Airport operates from a defence airbase, Mohol sought the support of Air Chief Marshal Amar Preet Singh, who formally approved the additional slots between 6:00 am and 10:29 pm, cove..

    Advertisement

    Advertisement

    Subscribe to Our Newsletter

    Get daily newsletters around different themes from Construction world.

    STAY CONNECTED

    Advertisement

    Advertisement

    Advertisement

    Advertisement

    Talk to us?