Since the enactment of RERA and the establishment of state regulatory authorities, 67,313 projects have been registered in the country, out of which 46% fall in Maharashtra alone.
Maharashtra is also the leading state in the list of the registration of property agents whereas the state Uttar Pradesh tops the chart in the number of complaints disposed of by regulators.
As per the data released officially, around 31,221 projects have been registered with Maharashtra RERA and 8,685 projects in Gujarat. Karnataka is third in the list with 4,151 registered projects. Also, state namely, Madhya Pradesh RERA registered in total 3,659 projects and the tally in UP RERA stands at 3,033 projects.
The two benches of UP RERA tops the list in resolution of complaints. Around 70,001 total complaints have been resolved by the regulators, out of which UP RERA has reported disposal of 27,825 complaints, followed by the state of Haryana with 14,591 complaints and the state of Maharashtra being last in the list with 10,043 complaints.
As per Mr. Abhay Upadhyay, who leads Forum for People’s Collective Efforts – a group that campaigned for the enactment of RERA, said that it is quite important to also seek data of the number of projects completed within the scheduled date, the projects which have been granted extension, the ones delayed beyond one year, and the ones where registrations expired, and extension was not sought by the promoters. He further added that to gauge the success of RERA, knowing the number of complaints disposed of will not make much of a difference, it is important to figure out the numbers of promoters who followed the orders of RERA. Therefore, the RERA authorities must actively disclose the numbers of refund orders passed, refunds received by the complainants, the number of promoters who followed the handover order, completion of amenities and the paid penalty.