The RERA Central Advisory Committee will meet on April 12
This will be the third meeting of this advisory council since the Property (Regulation and Development) Act 2016 came into force. The first two ACC meetings were held in May 2018 and April 2020. The second ACC meeting which was convened due to the emergency situation arising from the Covid19 pandemic.
During this second meeting held by videoconference, it was decided to grant a 6-month extension to the promoter for the completion of the project.
A forum for collective efforts of the peoples, the All-India Home Buyers Body followed the ministry to convene a CAC meeting and also recently wrote to Housing Minister Hardeep Singh Puri.
The homebuyers’ body had highlighted discrepancies in state-specific RERA rules and widespread abusive practices in various states despite having RERA authorities in place. He also alleged that the RERA authorities had deviated from their responsibilities.
The RERA authorities do not take steps to ensure full transparency by the developers at the time of sale and no remedial courses are run by them while construction is underway to avoid litigation later.
Enforcement of RERA orders remains a major concern as authorities have been unable to enforce their own orders against the builders, FPCE General Secretary MS Shanker said in the letter to the Minister.
The FPCE insisted on holding more frequent meetings of the CAC to review the performance of state RERA authorities and take corrective action to ensure better protection for homebuyers.