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Experts postulate: RERA yet to fix malpractices in real estate sector

Dated on: Wednesday 13th March 2019

Real Estate Regulatory Authority (RERA), implemented with the ostensible purpose to bring about transparency in the real estate sector, is yet to consummate its goal. The body lacks adequate amount of bandwidth required to look over the details of over 19,000 registrations that were granted by the body in the state uptil now.

The adjudicating officers themselves have powers to look at only certain sections of the act, while the main powers are bestowed only upon the members.

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