RERA in Karnataka

RERA was first introduced in August 2013 by UPA Government and it was passed in India on 01^st 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 1^st May 2017. As per Section 3 the central act, ongoing projects were required to register by 31^st 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^th July 2017 and launched the website on 24^th July 2017. 

As per Section 20 (1) of the Real Estate (Regulation and Development) Act, 2016 (RERA Act), Interim Real Estate Regulatory Authority was established on 14^th July 2017 and was functioning till 06^th March 2019.

Shri. Kishore Chandra H.C, IPS(Retd.) is the Chairman of RERA Karnataka.

Here is RERA Karnataka registration and compliances status as of May 2022.

Project Registration     :  4827
Agent Registration       :  2893