
"Karnataka RERA Struggles with Low Recovery of Builder Penalties Only 12% Collected
Dated on: Thursday 30th January 2025Karnataka RERA has issued recovery orders totaling ?758.85 crore against builders for violations, but only ?91 crore (around 12%) has been recovered. The slow recovery is due to an overburdened district administration and the lack of a dedicated recovery officer in K-RERA. Experts suggest appointing a special revenue recovery officer to speed up the process. K-RERA is considering structural changes to improve enforcement and ensure homebuyers receive their dues.
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