Four years on, RERA registers 63,583 projects, disposes of 65,539 complaints
Four years after the implementation of RERA, as many as 65,539 cases have been disposed of by the respective state authorities as of 24 April 2021, according to data by the Ministry of Housing and Urban Affairs. Out of this, nearly 40% cases (approx. 26,510 complaints) were resolved in Uttar Pradesh alone, followed by Haryana with 13,269 cases and Maharashtra with 9,265 cases. The three states cumulatively accounted for nearly 75% of the total disposed cases under RERA in the country.
Project and real estate agent registrations under RERA have also been growing steadily. As of 24 April 2021, nearly 63,583 projects and 50,256 real estate agents have been registered under RERA across the country. Back in the corresponding period in 2019, about 40,155 projects and 29,208 real estate agents were registered. This amounts to an increase of 58% and 72% respectively over the last two years.
Supreme Court strikes down West Bengal law on regulating real estate
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Supreme Court strikes down West Bengal law on regulating real estate
PTI / May 4, 2021, 12:07 IST
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NEW DELHI: The Supreme Court on Tuesday struck down West Bengal s law on regulating the real estate sector in the state, and said it was “unconstitutional” as the statute encroached upon the Centre s Real Estate (Regulation and Development) Act,.
A bench of justices D Y Chandrachud and M R Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017 is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.
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New Delhi, May 4
The Supreme Court on Tuesday struck down West Bengal s law on regulating the real estate sector in the state, saying it is “unconstitutional” as the statute encroached upon the Centre s Real Estate (Regulation and Development) Act.
A bench of Justices DY Chandrachud and MR Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017, is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.
“The state law has encroached upon domain of Parliament,” the verdict said.
It, however, said that homebuyers, who purchased properties under the state law before Tuesday’s verdict, would not have to worry as their registration and other acts would remain valid.
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SC strikes down WB law on regulating real estate, holds it unconstitutional
The Supreme Court on Tuesday struck down West Bengalâs law on regulating the real estate sector in the state, and said it was âunconstitutionalâ as the statute encroached upon the Centreâs Real Estate (Regulation and Development) Act,.
A bench of justices D Y Chandrachud and M R Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017 is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.
âThe state law has encroached upon the domain of Parliament,â the verdict said.
SC holds Bengal law on regulating real estate unconstitutional Apex court says the act is more or less identical to Centre s RERA and hence repugnant to Parliament s legislature
The Supreme Court on Tuesday struck down West Bengal s law on regulating real estate sector saying it was unconstitutional as the state s statute encroached upon the Centre s Real Estate (Regulation and Development) Act (RERA).
The top court also said that WB HIRA has failed to include valuable safeguards for the homebuyers .
A bench of justices D Y Chandrachud and M R Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017 is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.