Aggrieved over the delay in implementing the Karnataka Real Estate (Regulation & development) Act , RERA by the state government, various groups of property buyers are planning to move to Karnataka High Court for justice. According to a member of RERA Karnataka home buyer’s association, the government is delaying the RERA notification intentionally and is barring home buyers from their rights.
Recently, the state government promised to implement the RERA by July 1st, 2017 but on 22nd June 2017, the cabinet deferred the decision on notifying the Act.
Being one of the first states to draft the RERA rules, Karnataka lags far behind others in implementing the same. Even after massive protests by the buyers and scheduling long haul meetings with the stakeholders, there is no accurate plan from the government over the implementation of the Real Estate Act.
The Central government notified The Real Estate (Regulation & development) Act on May 1st, 2016 and asked all states to implement rules and set up the Real Estate Regulatory Authority by 1st May 2017.
As of now, 18 states including all the Union Territories have notified the Act whereas the government of Maharashtra , Rajasthan, Kerala and Madhya Pradesh has launched a dedicated RERA website for their respective states.
Even we are facing the same problem in whitefiled project. We have booked 3 apartment in our friend circle in 2013 and made 90% payment through loan. Building is g+3. The agreed pissession time is 2015. March. Now developer is forcing us to register or cancel the property. We went to the extent of legal action but no response. Why Karnataka rera is not bothered about buyers concern.? Requesting all the victims like us to get together and appeal the concern authority.
My daughter has booked a Flat in an on-going project in Bangalore ( Karnataka State ) in the year 2013. The Builder has told us that Completion Certificate has been received for the Building / Flat and has collected all payments from her. In spite of reminders the Flat has yet not been handed over to her. May be the Builder has approved the building by showing some sample Flats and partition walls. The State Govt. is to post RERA rules by 30th June, as per earlier communication through news papers but whether the rules are notified or not is to be seen. In case " On-Going Projects" are exempted from the rules then this Flat and other such Flats of many customers would be out of perveiw of the Act. I wish to bring to the notice of concerned authority that all Flats which have not been handed over should not be considered as " On Going". The State Govt. should notify RERA rules of the state as scheduled. With Regards G. M. Joshi