Centre urges Tamil Nadu to appoint fulltime Chairman of TNRERA

Centre urges Tamil Nadu to appoint fulltime Chairman of TNRERA
16/10/2018 , by , in News/Views

The Centre has urged the State government to appoint a fulltime Chairman of Tamil Nadu Real Estate Regulation Authority and has hit out at the Southern states’ dismal performance (excluding Karnataka) in registering projects with Real Estate Regulatory Authority.

Speaking at a regional workshop, RERA – A New Era of Transparency and Accountability in Real Estate, Minister of State (Independent Charge) of Housing and Urban Affairs Hardeep Singh Puri said the Southern states, excluding Karnataka, managed to register 2.54 per cent projects and 1.6 per cent of agents.

“There is a need to have a full-time Chairman with designated persons which could generate better results,” he said. He hailed Tamil Nadu for being the first State to nominate a Chairman for Real Estate Appellate Tribunal. He also hit out at tweaking of Real Estate Regulatory Authority Act by States while notifying RERA. He said States should ensure that rules are framed in letter and spirit of the Central Act.

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