142nd Day Of Lockdown

Maharashtra54831338184318650 Tamil Nadu3145202563135278 Andhra Pradesh2641421709242378 Karnataka1964941126333511 Delhi1494601343184167 Uttar Pradesh140775887862280 West Bengal98459671202059 Telangana8647563074665 Bihar8274154139450 Gujarat71064542382652 Assam5883842326145 Rajasthan5249738235789 Odisha4592731785321 Haryana4163534781483 Madhya Pradesh3902529020996 Kerala3811424922127 Jammu and Kashmir2489717003472 Punjab2390315319586 Jharkhand185168998177 Chhatisgarh12148880996 Uttarakhand96326134125 Goa871259575 Tripura6161417641 Puducherry5382320187 Manipur3752204411 Himachal Pradesh3371218114 Nagaland30119738 Arunachal Pradesh223115923 Chandigarh1595100425 Meghalaya11154986 Sikkim9105101 Mizoram6203230
Business Other News 27 Nov 2018 Homebuyers flood RER ...

Homebuyers flood RERA regulators with complaints

FINANCIAL CHRONICLE
Published Nov 27, 2018, 10:38 am IST
Updated Nov 27, 2018, 10:38 am IST
RERA has become the most preferred authority for grievance redressal.
Maharashtra received 4,893 complaints, of which orders were passed in 3,041 cases while hearing is on in 1,542 cases.
 Maharashtra received 4,893 complaints, of which orders were passed in 3,041 cases while hearing is on in 1,542 cases.

Chennai: Within a year of its implementation, the Real Estate Regulatory Authority in several states is flooded with complaints from homebuyers. Surveys also show that RERA has become the most preferred authority for grievance redressal. Maharashtra received 4,893 complaints, of which orders were passed in 3,041 cases while hearing is on in 1,542 cases. In Haryana, 1,800 complaints have been filed so far and still it is receiving 15-20 complaints everyday.    

According to KK Khandelwal, RERA regulator of Haryana, the authority needs more benches to dispose of the cases. It also has 20 law interns sitting in the authority, helping consumers file their complaints, understand their positions and get to know realistic timeframes.

 

Uttar Pradesh received 8,100 complaints, of which 2,200 have been disposed off. Uttar Pradesh RERA regulator Rajive Kumar expects that by January 2019, all pending complaints would be addressed.

The Uttarakhand regulator received 266 complaints in 225 registered projects. Regulator Vishnu Kumar feels they will be resolved in 4-6 months.

In Tamil Nadu, the RERA regulator has cleared 24 complaints and another 266 are being heard. Karnataka has passed orders in 503 complaints. Madhya Pradesh has disposed off 1,268 complaints. Some states are still in the process of setting up RERA, while some do not divulge the details of the complaints on their websites.    

 

A consumer poll conducted by Magicbricks.com also found that Real Estate (Development and Regulation) Act 2016 (RERA) has been able to instil confidence in consumers in around one year of its implementation.

As many as 56 per cent respondents prefer the RERA regulator in case of a dispute, while 23 per cent still prefer to file their first complaint with the builder. Around 12 per cent homebuyers said they would go to consumer courts and just 7 per cent chose to go to the police. A miniscule of 2 per cent would either go to the HC or the SC.

 

“RERA seeks to protect homebuyers and ensure that projects are completed on time. Homebuyers feel the law can help them get justice in case of a dispute. Today, buyers should not feel hesitant to file their complaints with RERA for speedy redressal,” said E Jayashree Kurup, editor, Magicbricks.

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT