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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement