Karnataka Real Estate Regulatory Authority (K-RERA), regulatory body which earlier stopped displaying information related to extension and rejection of projects, as well as a copy of the orders on its website, has once again made them public. The action has been the result of the incessant efforts of the forum of home buyers who were demanding transparency in Karnataka Real Estate Regulatory Authority (K-RERA) project details since past few months.
K-RERA has given the data on the projects that have received extensions, or were rejected or cancelled by the authority under the ‘Services’ tab on their official website.
Though, these sections were available for the public last year also, but the authority took down the details from the website without any prior intimation. However, with the Forum of People Collective Efforts (FPCE) continually campaigning for the transparency in the system, K-RERA has now released the details in public domain once again.
Commenting on the news of making the K-RERA projects public, Mr. Shankar, General Secretary, said that he was not entirely happy. He pointed out that, “While displaying the projects that have received extensions- the authority should also provide the information on the grounds for allocating the additional time”. Adding further, he said that, “The website states approval of 235 applications seeking attention. However, as per the act, RERA does not have the power to extend a project beyond one year”.
As per him, the Forum also suggested the authority to display the complaints received from the home buyers. “RERA presently has reserved judgements of more than 100 cases without pronouncing them. I have also come across a case where the judgement was not pronounced for more than a year. This is not how the home buyers should be treated by the regulatory body”, he said.
Taking note of the recent developments, Mr. Kishore Chandra, who was recently appointed as Chairman of the authority, said that “He would look into the issues raised by the home buyers”.
One of major issues concerning the home-buyers was that the developers or promoters were not complying with the judgments or orders passed by K-RERA. Till date, RERA has received almost 6,000 complaints, majorly from home buyers. Though, the authority has a record of passing judgements on 2,921 cases, only 232 home-buyers were benefitted from the passed orders.