Maharashtra receives highest number of RERA applications

Maharashtra receives highest number of RERA applications
02/08/2017 , by , in News/Views

Among all the states and Union Territories, Maharashtra has received highest number of registrations under the Real Estate (Regulation & Development) Act (RERA). The state regulator received applications for 9,687 real estate projects and 7,200 real estate agents have applied for registration till the deadline of July 31.

In Gujarat, around 110 applications of projects and 80 of agents have been submitted, while in Haryana, offline registration has started. In the case of Madhya Pradesh, at least 700 applications of projects and agents have been received. In Karnataka, over 220 applications for registration of projects and agents have been received, and in Rajasthan nearly 350 such applications have been filed.

Union housing and urban affairs minister Narendra Singh Tomar said, “We are hopeful all states will expedite the process. It’s not a question of any action against anyone for the delay. Everyone understands the importance of the law. It takes time to enforce any law. But we have appealed to all states to do it quickly for consumers’ interest.”

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