Rakesh Singh Appointed as New Chairman of Karnataka RERA

23 Aug 2024 CW Team

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.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..