The Andhra Pradesh Real Estate Regulatory Authority (AP RERA) is stepping up efforts to enhance transparency, accountability, and consumer protection in the real estate sector. Chairman Aare Siva Reddy made this clear during a recent awareness programme held in Rajamahendravaram, aimed at educating stakeholders about the provisions of the Real Estate (Regulation and Development) Act, 2016.
Statewide Awareness Drive for Stakeholders
The event was part of a broader initiative to spread awareness among builders, architects, legal professionals, and auditors about RERA compliance. Officials emphasized that the Act is designed to be user-friendly while ensuring strict safeguards for homebuyers.
Chairman Reddy highlighted that the state government has now fully constituted AP RERA, strengthening its ability to regulate and monitor real estate activities effectively.
Mandatory RERA Registration Rules Explained
One of the key takeaways from the session was the mandatory registration requirement:
All projects exceeding 500 square metres or having more than 8 units must be registered under RERA
This provision ensures that buyers invest only in legally approved and regulated projects, reducing risks of delays, fraud, or incomplete developments.
Promoters Must Honour All Commitments
The authority stressed that developers must clearly mention all promises and commitments in the Agreement for Sale. Any deviation or failure to fulfil these commitments can lead to legal action under RERA.
This reinforces a critical principle of the Act:
What is promised on paper must be delivered in reality
Strict Warning Against Unregistered Projects
AP RERA issued a strong warning against unauthorised and unregistered real estate projects. The chairman made it clear that:
Strict enforcement measures will be taken against violators
This move aims to eliminate informal and risky property dealings, which often leave buyers without legal protection.
Proposed Ranking System for Developers
In a progressive step, AP RERA is considering introducing a developer ranking system. This system would:
Recognise promoters maintaining high construction quality, encourage trust and transparency, help buyers make informed decisions
Such a rating mechanism could significantly improve accountability and competition among developers.
Registration Mandatory for Real Estate Agents
The authority also reminded stakeholders that real estate agents must register under RERA without exception. Registered agents are expected to:
Maintain transparency, avoid misleading practices, and provide accurate project information
Non-compliance can attract penalties under the Act.
Expert Guidance at the Awareness Session
During the programme, GVGS Varaprasad elaborated on key provisions of the Act, helping attendees understand legal obligations, compliance requirements, and buyer rights.
The session saw participation from a wide range of industry professionals, reflecting growing awareness and engagement with RERA regulations.
The awareness initiative by AP RERA highlights a clear direction—a more transparent, accountable, and buyer-centric real estate sector. With strict rules on registration, enforcement against violations, and potential introduction of developer rankings, the authority is working to build greater trust in the housing market.
For homebuyers and investors, the message is simple:
Always verify RERA registration and rely on legally documented commitments before investing.
