RERA Act
Img : investors-clinic

The Rajasthan RERA commenced the procedure to form an Appellate tribunal and its authority. This move was pending from a long time and an action is taken in regard with the same after the recent directive issued by the High Court.

The commencement to form an appellate tribunal has bought a smile on the faces of aggrieved buyers as they still not have a clear idea of what they will get after finalizing a property deal with the developer even after one and a half years of RERA’s implementation.

The Narendra Modi-led Union Government introduced the Real Estate Regulatory Act in 2016 with the aim to bring transparency in the property sectors while protecting the buyers’ rights.

The provision of the RERA Act was introduced in Rajasthan on May 1, 2017 and more than 600 complaints related to housing schemes and flats are waiting for hearing in the state.

According to a senior official, the RERA authority has not heard any complaint since May. However the Rajasthan Government had appointed additional chief secretary (ACS) of urban development and housing (UDH) department as the RERA chief.

The official also said that according to the act, it is compulsory for the Government to form an appellate tribunal and a full-time authority after one year to hear the complaints.

The official also informed that on 18th December, the High court has directed to form a RERA authority in two months and a tribunal in three months’ time.

Earlier, the urban development and housing (UDH) department were inviting applications from the country to constitute RERA authority and appellate tribunal.

Shilpa Sardare Jain
Shilpa Sardare Jain is a journalist and works as a content writer with us. Her journalistic background helps her cater the viewers with accurate news about everything around. She is experienced at writing articles, blogs, features and news related to different genres. She started her career with News24 News channel and then worked with a leading digital media channel One India News and few others. Shilpa Sardare Jain is a joyful person who loves to explore new places and food when not working. Also, she has the zest for reading autobiographies of politicians who took the world by storm.