The six northeastern states that are Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland and Sikkim finally agreed to implement RERA in their vicinity. This decision from the northeastern states came as the implementation of this act is nearing to complete its two years of enactment. Till, now these states were denying implementation of the RERA act due to land issues but now they have agreed to imply the same rule to protect the interest of home buyers in their respective state.
Recently, a team of Union Housing and Urban Affairs (HUA) Ministry visited the northeastern states for a workshop along with their representatives and also discussed the issues coming in the way of notifying the Act.
Durga Shanker Mishra, secretary UHA said, “Northeastern states have agreed to implement RERA. We are helping them in notifying the RERA rules. According to the sources, the representatives of these states had some issues about the implementation of RERA, but the ministry officials cleared all their doubts in the last month’s workshop.
The RERA Act was enacted by the Parliament in 2016 and the states were given rights to notify their respective rules and appoint regulatory authorities.
Apart from West Bengal and these six northeastern states, all states and Union Territories in the country had notified the rules under RERA. This rule is not applicable in Jammu and Kashmir.
According to the ministry data, 33,750 real estate projects are registered under RERA, while 26,018 agents have been registered across the country. Instead of implementing RERA, West Bengal had notified its own real estate law — the Housing and Industrial Regulation Act, 2017 (HIRA).
In the same issue, Durga Shanker Mishra had written to the Bengal government, asking it to repeal its own act as there was already a central law on the subject.