Rakesh Singh Appointed as New Chairman of Karnataka RERA
ECONOMY & POLICY

Rakesh Singh Appointed as New Chairman of Karnataka RERA

Rakesh Singh has been appointed as the new Chairman of the Karnataka Real Estate Regulatory Authority (RERA). With this appointment, Singh is expected to drive Karnataka RERA's mission to enhance transparency and efficiency in the real estate sector, ensuring better regulation of property projects and safeguarding homebuyers' interests.

Singh, a seasoned bureaucrat, brings a wealth of experience in administration and governance. His expertise in handling key roles in various government sectors is anticipated to benefit Karnataka RERA as it faces increasing challenges in the real estate market. The state?s real estate sector has seen significant growth, and the need for strict regulation and monitoring is paramount to avoid malpractices and ensure timely project completion.

Under his leadership, the Karnataka RERA is expected to strengthen its enforcement of existing rules and introduce reforms to further streamline the real estate approval and registration process. RERA?s role in addressing grievances of homebuyers and ensuring that real estate developers comply with legal obligations is crucial for building consumer confidence in the sector.

Rakesh Singh?s appointment comes at a time when the real estate market in Karnataka is experiencing rapid expansion, making it essential for RERA to maintain a strict regulatory framework. His leadership is likely to set new benchmarks for transparency and accountability in the sector.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Rakesh Singh has been appointed as the new Chairman of the Karnataka Real Estate Regulatory Authority (RERA). With this appointment, Singh is expected to drive Karnataka RERA's mission to enhance transparency and efficiency in the real estate sector, ensuring better regulation of property projects and safeguarding homebuyers' interests. Singh, a seasoned bureaucrat, brings a wealth of experience in administration and governance. His expertise in handling key roles in various government sectors is anticipated to benefit Karnataka RERA as it faces increasing challenges in the real estate market. The state?s real estate sector has seen significant growth, and the need for strict regulation and monitoring is paramount to avoid malpractices and ensure timely project completion. Under his leadership, the Karnataka RERA is expected to strengthen its enforcement of existing rules and introduce reforms to further streamline the real estate approval and registration process. RERA?s role in addressing grievances of homebuyers and ensuring that real estate developers comply with legal obligations is crucial for building consumer confidence in the sector. Rakesh Singh?s appointment comes at a time when the real estate market in Karnataka is experiencing rapid expansion, making it essential for RERA to maintain a strict regulatory framework. His leadership is likely to set new benchmarks for transparency and accountability in the sector.

Next Story
Infrastructure Urban

India, Israel sign Rs 16k cr bilateral investment treaty

India and Israel have signed a Bilateral Investment Treaty (BIT) in New Delhi to enhance economic and financial cooperation, the Finance Ministry announced recently. The agreement was signed by Finance Minister Nirmala Sitharaman and Israel’s Finance Minister Bezalel Smotrich.Israel is the first OECD member country to sign such a treaty with India under its new investment framework. The pact will facilitate reciprocal investments, ensure transparency, protect investors from risks such as expropriation, and provide an independent arbitration mechanism for dispute resolution.The agreement is e..

Next Story
Technology

LTIMindtree renews digital transformation pact with OKQ8

LTIMindtree has renewed its strategic partnership with OKQ8, one of the largest fuel companies in the Nordic region. The collaboration underscores the IT services firm’s role as a trusted partner in driving digital transformation.The extended engagement will focus on modernising OKQ8’s technology landscape across cloud and infrastructure management, application development and maintenance, and enterprise platforms such as CRM and ERP powered by Microsoft Dynamics. LTIMindtree will also integrate AI-driven processes to improve efficiency, customer experience and sustainability outcomes.Clas..

Next Story
Infrastructure Urban

BHEL shares up 3% on 10-year hydrogen fuel cell pact

Bharat Heavy Electricals (BHEL) shares rose over 3% recently after the company signed a 10-year exclusive memorandum of understanding (MoU) with Singapore-based Horizon Fuel Cell Technologies. The partnership marks BHEL’s entry into the hydrogen fuel cell market.Under the agreement, both companies will jointly develop hydrogen fuel cell-powered rolling stock and collaborate on business sharing and operations. The move is expected to strengthen BHEL’s presence in clean energy and sustainable transport.Earlier this month, BHEL also signed a License Agreement for Transfer of Technology (LAToT..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?