No RERA rules in Kerala
Dated on: Wednesday 23rd May 2018Kerala is yet to finalize Real Estate Regulation and Development Rules and set up an authority. Local self-government minister K.T. Jaleel said that the framing of the new rules on the basis of the central Act was in the final stages. Steps to form the authority and the appellate tribunal would be initiated immediately, he said. Dr. Jaleel said the delay was due to technical issues as the state had earlier passed a state Act in this regard (Kerala Real Estate (Regulation and Development) Act 2016) and also framed rules. But the central Act came into effect afterward and hence the state Act had to be repealed and fresh rules need to framed on the basis of the central Act. “The subject committee of the state assembly has already cleared the draft rules and it would be notified soon," the minister said.
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