+
RERA implemented in 30 states and UTs with 67k project registrations
Real Estate

RERA implemented in 30 states and UTs with 67k project registrations

Rajya Sabha was informed on Wednesday the Real Estate Regulatory Authority (RERA) has been established in thirty states and union territories, and 67,669 projects have been registered under the central real estate law as of July 23.

Minister of State for Housing and Urban Affairs Kaushal Kishore said in a written response to a question that 70,601 complaints have been resolved by state Real Estate Regulatory Authorities as of 23rd July 2021.

During the same period, Kishore informed that 52,284 agents were registered under the RERA.

Under the Real Estate (Regulation and Development) Act of 2016, all states are required to establish their real estate regulator, known as RERA, which protects house buyers.

The minister told the media that as of July 23 2021, 67,669 Real Estate Projects and 52,284 Real Estate Agents have been registered under RERA, according to information provided by various Real Estate Regulatory Authorities.

The Rajya Sabha passed the Real Estate (Regulation and Development) Act, 2016 on March 10, 2016, and the Lok Sabha passed it on March 15, 2016. On March 25, 2016, the President signed the bill that was passed by Parliament.

The Real Estate (Regulation and Development) Act, 2016 (RERA) ushers in a new era in the Indian real estate market, as well as a step toward reform, citizen-centricity,encouraging greater openness, accountability, and financial discipline.

The primary goal of this groundbreaking legislation is to ensure that the real estate industry is regulated and promoted efficiently and transparently, as well as to protect the interests of house buyers.

The Real Estate Act requires each state and union territory to establish its regulator and set forth the guidelines that will regulate the authority's operations.

Image Source


Also read: RERA has created an implicit trust in Indian real-estate consumers

Also read: UP-RERA nods nine-month extension for project registration

Rajya Sabha was informed on Wednesday the Real Estate Regulatory Authority (RERA) has been established in thirty states and union territories, and 67,669 projects have been registered under the central real estate law as of July 23. Minister of State for Housing and Urban Affairs Kaushal Kishore said in a written response to a question that 70,601 complaints have been resolved by state Real Estate Regulatory Authorities as of 23rd July 2021. During the same period, Kishore informed that 52,284 agents were registered under the RERA. Under the Real Estate (Regulation and Development) Act of 2016, all states are required to establish their real estate regulator, known as RERA, which protects house buyers. The minister told the media that as of July 23 2021, 67,669 Real Estate Projects and 52,284 Real Estate Agents have been registered under RERA, according to information provided by various Real Estate Regulatory Authorities. The Rajya Sabha passed the Real Estate (Regulation and Development) Act, 2016 on March 10, 2016, and the Lok Sabha passed it on March 15, 2016. On March 25, 2016, the President signed the bill that was passed by Parliament. The Real Estate (Regulation and Development) Act, 2016 (RERA) ushers in a new era in the Indian real estate market, as well as a step toward reform, citizen-centricity,encouraging greater openness, accountability, and financial discipline. The primary goal of this groundbreaking legislation is to ensure that the real estate industry is regulated and promoted efficiently and transparently, as well as to protect the interests of house buyers. The Real Estate Act requires each state and union territory to establish its regulator and set forth the guidelines that will regulate the authority's operations. Image Source Also read: RERA has created an implicit trust in Indian real-estate consumers Also read: UP-RERA nods nine-month extension for project registration

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?