Many homebuyers are taking relaxed breath after Union Government recently informed about resolving more than 20,000 complaints of homebuyers in last month under the Real Estate (Regulation and Development) Act 2016. In a written reply to a question in the Lok Sabha, Union Minister said that in UP and Maharashtra, 5989 and 5028 has been resolved under RERA Act.
RERA provides a proper commitment and protect to the home buyers and the states is given powers by the law to notify their respective rules and appoint regulatory authorities such as Real Estate Regulatory Authority. Hardeep Singh Puri (Union Minister For Housing) also informed that 20,125 complaints of home buyers have been disposed off under the real estate law.
“As on June 30, 2019, around 20,000 cases have been disposed off through prescribed grievances Redressal mechanism under the provisions of the RERA,” Puri said in the written reply.
As per the RERA provision all real estate projects and real estate agents are required to get registered with real estate regulatory authority of the states and union territories concerned. While almost all the states and union territories have notified the RERA rules except Jammu and Kashmir and Apart from this West Bengal has notified their own real estate law – The Housing and Industrial Regulation Act (HIRA).