Madhya Pradesh RERA disposed of around 400 buyers complaints

Dated on: Monday 21st May 2018

Madhya Pradesh RERA has resolved 400 buyers complaints till now. These complaints were filed by buyers against builders. The list of complaints is available on Madhya Pradesh RERA website. Till now, 1800 ongoing projects have been registered in RERA and 360 real estate consultants have been enrolled. Madhya Pradesh implemented RERA on the very first day i.e. 01 May 2017. The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The bill was passed by the Rajya Sabha on 10 March 2016 and by the Lok Sabha on 15 March 2016. The Act mandates registration of every project having a size of above 500 square meters or more than 8 apartments. 

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