RERA across 27 states and eight Union Territories have resolved up to 1,16,300 cases of homebuyers disputes till November 28, 2023, according to ANAROCK Research report based on data from the Ministry of Housing & Urban Affairs (MoHUA). On the other hand, registrations for projects and real estate agents under RERA have increased by 63% in the last two years. All you need to know
Out of this, 38% cases (approximately 44,602 complaints) were resolved in Uttar Pradesh alone, followed by Haryana with 20,604 cases (18%) and Maharashtra with 15,423 cases (13%).
“For this, a conciliation bench should be set up to resolve complaints at an early stage, which would help both parties — the allottees as well as the developer,” said Arun Kumar, Chairman, Haryana RERA (Gurugram bench)on Thursday.
The tenure of the office of the chairperson, Real Estate Regulatory Authority, Haryana, Panchkula and Gurugram shall be five years or till attaining the age of sixty-five years, whichever is earlier.