Haryana RERA to Set Up Forum for Resolving Builder-Buyer Disputes
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By Staff Reporter

Chandigarh has successfully disposed of 30 cases under the purview of the Real Estate Regulatory Authority (RERA), while Haryana has emerged as the second-leading state in terms of RERA complaint disposal, following Uttar Pradesh. These figures were presented by the Minister of State for Housing and Urban Affairs, Kaushal Kishore, during a Lok Sabha session’s question hour. Notably, Haryana has managed to resolve over 21,000 RERA cases, while Punjab has addressed more than 3,000 cases.

The Real Estate Regulatory Authorities were established by various states and Union Territories (UTs) under the Real Estate (Regulation and Development) Act, 2016. RERA was introduced to safeguard the interests of homebuyers by enhancing transparency and accountability in the real estate sector.

Haryana’s achievement includes the disposal of 20,604 cases, encompassing a total of 1,123 projects and involving 3,334 agents. The state hosts two regulatory authorities, one dedicated to Gurugram and the other for the rest of Haryana. Uttar Pradesh ranks first with the disposal of 43,188 RERA cases.

Meanwhile, Chandigarh has managed to resolve 30 cases related to four projects. In Punjab, the disposal of 3,007 RERA cases was noted, with 1,220 projects and 3,020 agents in the state.

The Real Estate Regulatory Authorities have been endowed with comprehensive powers under RERA to regulate the sector. This includes granting, extending, and revoking project registration, approving or rejecting real estate agent registration, addressing complaints from aggrieved allottees, and issuing appropriate orders for grievance redressal.

RERA’s provisions also empower the authorities to call for information, conduct investigations based on complaints or suo-motu initiatives, and conduct inquiries into promoters, allottees, or real estate agents. These steps contribute to the enforcement of transparency and accountability in the real estate industry.

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