RERA notified in 30 states, 42,000 projects registered: Centre to SC

RERA consulate

New Delhi: The Centre has told the Supreme Court that the Real Estate (Regulation and Development) Act (RERA), which is meant to address grievances of home-buyers, is being implemented across the country and 30 states and Union Territories have so far notified the rules. Responding to the SC’s query on the status of implementation of Rera, the Centre in a report informed the court that 42,726 housing projects and 33,906 real estate agents have been registered under the 2016 Act and more than 20,000 disputes have so far been resolved under the law. As per data compiled by the ministry of housing and urban affairs, the process to notify the rules under Rera is under way in Arunachal Pradesh, Meghalaya, Nagaland and Sikkim and 29 states/UTs have so far set up Real Estate Regulatory Authority and 22 States/UTs have set up Real Estate Appellate Tribunal. Rera is not applicable in Jammu & Kashmir but the state has notified its own legislation. West Bengal has not implemented the law but enacted its own Act – West Bengal Housing Industry Regulation Act, 2017. Maharashtra has been at the forefront in terms of number of projects registered under Rera with more than 21,000 projects coming under the purview of the law. It is followed by Gujarat and Uttar Pradesh where 5,751 and 2,673 projects have been registered under the law respectively

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