5 Years of RERA: Success and Failures | The Property Show

RERA or Real Estate Regulatory Authority Act achieved a 5-year milestone earlier in May 2021. This week on The Property Show we analyse a comprehensive survey - 'Five Years On: An assessment of RERA' undertaken by Omidyar Network India and Boston Consulting Group throws up interesting insights on the performance, implementation and gaps of this act. Shilpa Kumar, Partner at Omidyar Network India, Neetu Vasanta, MD & Partner at Boston Consulting Group (BCG), and Munish Upadhyay, Partner at SNG Partners joins us to talk about this survey and key findings of this report.
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[@SanjeevSingh-bo7em]

As i can see there is a news that Sector 68 gurgaon, Builders licence got cancelled as the project is 90% completed it is under RERA. After waiting of 4 years if this happens how buyer will believe RERA.
i think some political issues

[@SangoLifeSutras]

Maam regarding haryana you are wrong. All registeries n bba will have carpet area mentioned

[@unainsider191]

Rera certification may have completed 5 + years, but there are loopholes, & sense of insecurity that still exists.
Reason: Home buyers are still stuck with no possession as per Rera

[@news7.8tamil]

Good.....

[@bharatjingar72]

Rera charges almost 60-70% on super area instead 40% build up area. Also buyers is not allowed how 40-45% calculated on total area, distributed n when rera is measured is not correct.

[@judithmenezes4963]

I and many of us are still waiting for justice after 3 years of complaining to rera. Who did BCG and Omediya survey beats me!!!!

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Mst

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