[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd.
Here I have an important Indian real estate news to share with you which is as undermentioned.|
BENGALURU: Real Estate Regulatory Act (RERA) that was implemented almost a year ago is yet to deliver on its promises with many projects still out of the purview of the regulator followed by dilution on the state fronts.
As per the latest registration updates, more than 32,306 projects and 23,111 real estate agents have been registered under RERA across states.
“Out of all the states and Union Territories in India, Maharashtra takes the first place when it comes to proactive RERA adoption, implementation and integration, followed by Uttar Pradesh, Gujarat, Madhya Pradesh and Karnataka,” said Anuj Puri chairman ANAROCK Property Consultants.
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Have a nice day.