Karnataka RERA Introduces Project Closure Policy to Ensure Genuine Completion of Housing Projects

Dated on: Monday 3rd November 2025

The Karnataka Real Estate Regulatory Authority (K-RERA) has implemented a new Project Closure Policy to protect homebuyers. Under this policy, a project will be considered complete only after receiving all required approvals, including occupancy, electricity, water, and pollution control clearances. Earlier, developers could self-declare project completion, leading to disputes and unfinished work. The new system ensures that K-RERA verifies every closure before final approval. Data shows that by October 2025, around 2,746 projects in Karnataka had missed their deadlines. The policy aims to enhance accountability among builders and ensure buyers receive fully completed and compliant homes.