[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Lee Jang Ho staff of |
Kamagroup Pvt. Ltd. Here I have an important INDIA REAL ESTATE news to share
with you which is as undermentioned.
Gujarat has left behind all other Indian states except Maharashtra in registration of
projects under the new realty law — Real Estate (Regulation and Development) Act
(RERA) — which had come into effect almost two years ago.
As many as 5,317 real estate projects have so far been registered with Gujarat’s real
estate regulatory authority, the number being the second highest in India after
Maharashtra, shows data compiled by ANAROCK Property Consultants. Apart from
this, 889 real estate agents and agencies have registered themselves with the RERA
authority in the state.
Maharashtra tops the list of states in RERA compliance with 20,718 registered realty
projects and about 19,699 real estate agents. According ANAROCK, project and real
estate agent registrations have been on the rise across most states from November
2018 to April 2019. Maharashtra leads the race followed by Gujarat.
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/gujarat-second-in-number-of-works-under-rera/articleshow/69125184.cms
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Have a nice day.