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Two years of RERA: Implementation still patchy in many states
TIWN
TIWN
PHOTO : TIWN
New Delhi, May 5 (IANS) Two years after the Real Estate (Regulation and Development) Act was enacted, the implementation of the legislation intended to bring about transparency and regulate the highly unorganised real estate sector still remains a work in progress.
The RERA rules have been notified in 22 states and six union territories, and among them 19 states have active online portals so far.
Five states have not yet notified the rules and 11 states - all the eight northeastern states as well as West Bengal and Kerala - are yet to set up their web portals.
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