Real Estate Regulatory Act|RERA Karnataka - RERA REGISTRATION

RERA was first introduced in August 2013 by UPA Government and it was passed in India on 01 May 2016. After RERA act formation, the state government was given 1 year time to frame their own rules and start registrations for agents and builders.  RERA was fully implemented from 1st May 2017.As per Section 3 the central act, ongoing projects were required to register by 31st July 2017 i.e.within 90 days of implementation of RERA in India. Only Maharashtra and Madhya Pradesh started registration well on time.  Karnataka passed through various hurdles for framing of RERA Policies.  As far as the state of Karnataka is concerned, it notified RERA Rules on 10 July 2017 and launched the website on 24th July 2017. 

RERA in Gujarat came into force on 29th October, 2016 and Registration for Real Estate Promoters and Agents started on 10th June , 2017. Gujarat Real Estate Regulatory Authority started started its registrations on 10 June 2017.

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