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Karnataka RERA to get judicial powers to fast track dues

Dated on: Thursday 23rd January 2020

Karnataka may soon have the judicial powers, similar to what is given to the consumer forum. Taking a leaf out of its counterparts in Madhya Pradesh, Karnataka’s realty regulator is working on a draft proposal that aims to give more power to execute its own orders. Such an amendment to the Real Estate (Regulation and Development) Act 2017, many said, is critical for RERA as it’s unable to provide any immediate relief to the home-buyers from the defaulting builders. Over the last two years, RERA-K delivered over 1,900 judgments but most of the orders have remained on paper. 

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