RERA brings 20,000 real estate projects under its ambit

Dated on: Tuesday 2nd January 2018

The Housing and Urban Affairs ministry declared that approx 20,000 projects of Realty sector have been registered under RERA and Maharashtra is the sole state which has registered more than half of them. Uttar Pradesh, with Gautam Budh Nagar, has registered 2,000 projects in which Noida is accounting for more than 1,000. Meanwhile, Andhra Pradesh, Karnataka and Gujarat have registered the ginormous number of Real Estate projects. There are certain exemptions to the projects which have been given to states like Maharashtra, Haryana and Andhra Pradesh. Realty projects, in Karnataka, which are 60% complete have been kept out of RERA. 

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