Virbhadra Singh, the CM of Himachal Pradesh, launched the official website for Himachal Pradesh Real Estate Regulatory Authority (HP RERA) on Monday. Addressing the realtors, the CM said that it is mandatory for all developers to register their ongoing projects and agents to register themselves with HP RERA . To encourage the realtors, he said that the government is looking forward to getting cooperation from realtors in enhancing transparency and professionalism in the realty sector of the state.
In his statement, Urban Development Minister Sudhir Sharma said that this move by the government will contribute a lot in regulating the real estate sector of the state. The website, which is developed using state of the art technology, will facilitate flawless online registration of ongoing real estate projects & real estate agents. It will also allow buyers to file complaints against the developers and agents who will not abide by the RERA rules while doing the business. The State Town and Country Planning department will ensure that all the promoters register their ongoing projects with the RERA within 30 days.
Clarifying about the appointment of the HP RERA Chairman, the minister said that Sandeep Kumar, Director, TCP, has been nominated as a designated officer for HP RERA. He will look into the matters related to the Himachal Pradesh RERA until the state government appoints a permanent Chairman. He also advised the property buyers to buy only RERA registered real estate properties.
The Central government notified the Real Estate (Regulation & Development) Act (RERA) on 1st May 2016 and directed all the states to implement the same by 1st May 2017. The Act bars developers to market their upcoming or ongoing projects without registering the same with the RERA.
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