Ministry of Housing & Urban Affairs

28 States/UTs have set up Real Estate Appellate Tribunal and 30 States/UTs have set up Real Estate Regulatory Authority under RERA Act, 2016


Government creates Rs. 25,000 Crore Special Window for Affordable and Mid Income Housing Investment Fund to provide last mile funding to stalled real estate projects

Posted On: 28 MAR 2022 2:43PM by PIB Delhi

As per the latest information available with the Ministry, 28 States/ Union Territories (UTs) have set up Real Estate Appellate Tribunal and 30 States/UTs have set up the Real Estate Regulatory Authority under Real Estate (Regulation & Development) Act, 2016 (RERA). State-wise implementation details are annexed. Information regarding number of cases pending and average time taken to resolve them in Real Estate Tribunals is not maintained centrally.

                   

Various measures have been taken by the Government to protect the interest of homebuyers from time to time. RERA ensures to protect the interest of homebuyers by regulating and promoting in Real Estate Sector in a transparent and accountable manner. Section 4 of RERA provides for compulsory deposit of seventy percent of amount realised for real estate project from allottees in a separate bank account to cover the cost of construction and land cost. RERA also, interalia, makes the promoter liable for refund of amount, with interest and compensation, in case developer fails to complete or is unable to give possession of apartment, plot, building to homebuyer; as per the terms of the agreement for sale.

 

Moreover, in order to provide last mile funding to stalled real estate projects which are net-worth positive and registered under RERA, a Special Window for Affordable and Mid Income Housing (SWAMIH) Investment Fund of Rs. 25,000 Crore has been created.

 

Annexure

Real Estate (Regulation & Development) Act, 2016 [RERA]                                  

Implementation Progress Report
(as on19-03-2022)

 

Sl.

State

General Rules

Establishment of Regulatory Authority

Establishment of Appellate Tribunal

Web Portal

Adjudicat-ing Officer

Registrations

Total no. of Cases disposed by Authority

 

Projects

Agents

1

Andhra Pradesh

Notified

Permanent

Permanent

Setup

Appointed

2420

154

158

2

Arunachal Pradesh

Notified

Interim

Not Established

Not Setup

Not Appointed

0

0

0

3

Assam

Notified

Permanent

Permanent

Setup

Not Appointed

464

38

21

4

Bihar

Notified

Permanent

Permanent

Setup

Appointed

1305

415

1154

5

Chhattisgarh

Notified

Permanent

Permanent

Setup

Appointed

1378

646

1424

6

Goa

Notified

Permanent

Permanent

Setup

Appointed

847

336

131

7

Gujarat

Notified

Permanent

Permanent

Setup

Appointed

9818

1869

3367

8

Haryana *

Notified

Permanent

Permanent

Setup

Appointed

965

2812

18383

9

Himachal Pradesh

Notified

Permanent

Permanent

Setup

Appointed

101

113

44

10

Jharkhand

Notified

Permanent

Permanent

Setup

Appointed

821

7

93

11

Karnataka

Notified

Permanent

Permanent

Setup

Appointed

4739

2823

3087

12

Kerala

Notified

Permanent

Permanent

Setup

Appointed

708

235

651

13

Madhya Pradesh

Notified

Permanent

Permanent

Setup

Appointed

4115

1009

4,926

14

Maharashtra

Notified

Permanent

Permanent

Setup

Appointed

33882

33798

11621

15

Manipur

Notified

Interim

Interim

Not Setup

Not Appointed

--

--

0

16

Meghalaya

Notified

Not Established

Not Established

Not Setup

Not Appointed

--

--

--

17

Mizoram

Notified

Interim

Not Established

Setup

Appointed

--

--

0

18

Nagaland

Not Notified

Not Established

Not Established

Not Setup

Not Appointed

--

--

--

19

Odisha

Notified

Permanent

Permanent

Setup

Appointed

659

85

1247

20

Punjab

Notified

Permanent

Permanent

Setup

Appointed

1116

2596

2106

21

Rajasthan

Notified

Permanent

Permanent

Setup

Appointed

1843

3102

1488

22

Sikkim

Notified

Not Established

Not Established

Not Setup

Not Appointed

--

--

--

23

Tamil Nadu

Notified

Permanent

Permanent

Setup

Appointed

3981

2308

1766

24

Telangana

Notified

Interim

Interim

Setup

Not Appointed

4282

2148

2

25

Tripura

Notified

Permanent

Interim

Setup

Appointed

91

05

0

26

Uttar Pradesh

Notified

Permanent

Permanent

Setup

Appointed

3183

5151

34419

27

Uttarakhand

Notified

Permanent

Interim

Setup

Not Appointed

336

350

629

28

 

West Bengal

Notified

Not Established

Not Established

Not Setup

Not Appointed

--

--

 

--

 

 

Union Territories

1

Andaman & Nicobar Island

Notified

Permanent

Permanent

Setup

Appointed

3

28

0

2

Chandigarh

Notified

Permanent

Permanent

Setup

Not Appointed

3

16

25

3

Dadra& Nagar Haveli and Daman & Diu

Notified

Permanent

Permanent

Setup

Appointed

163

2

0

4

Jammu & Kashmir

Notified

Interim

Not Established

Not Setup

Not Appointed

0

0

0

5

Ladakh

Notified

Not Established

Not Established

Not Setup

Not Appointed

--

--

--

6

Lakshadweep

Notified

Permanent

Permanent

Setup

Appointed

0

0

0

7

NCT of Delhi

Notified

Permanent

Permanent

Setup

Not Appointed

38

440

197

8

Puducherry

Notified

Interim

Permanent

Setup

Not Appointed

194

3

3

Total

77,455

60,489

86,942

* Haryana has 2 Regulatory Authorities i.e. one for Gurugram and other at Panchkula for rest of Haryana.

 

This information was given by the Minister of State for Housing & Urban Affairs, Shri Kaushal Kishore, in a written reply in the Rajya Sabha today.

 

***

YB/BK

 



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