The Real Estate Regulatory Authority (RERA) rules were notified by the Telangana government one month back but till date the state has not introduced a mechanism in place for builders to register their projects
In the recent development in the real estate sector of Telangana, the state government notified the Telangana Real Estate (Regulation & Development) Act popularly known as Telangana RERA.
Adding another development in the Central government’s motive of regulating the real estate sector of India, the Telangana state government notified the Telangana Real Estate (Regulation & development) Act (RERA).
Mr. K T Rama Rao, the minister of Municipal Administration and Urban Development had a meeting with the Secretary, Municipal Administration Navin Mittal and other senior officials to discuss the implementation of the Real Estate (Regulation & development) Act, RERA in Telangana.
Following the Centre’s line of rules, the Telangana state government will notify the undiluted version of the RERA rules by May 1st, 2017.