Union Minister Hardeep Puri chairs 3rd meeting of Central Advisory Council constituted under RERA

The third meeting of the Central Advisory Council constituted under the Real Estate (Regulation and Development) Act was held yesterday. Housing and Urban Affairs Minister Hardeep Puri chaired the meeting. The Council deliberated on issues related to Implementation status of RERA by States and Union Territories, and modifications in the Rules framed by State and UTs.

They also discussed strengthening RERA to ensure its effective implementation, structural safety of the projects, and Constitution of Committee for resolution of legacy stalled projects. It was decided that action will be taken to ensure implementation of RERA in letter and spirit by establishing permanent Regulatory Authorities and Appellate Tribunals across the country. Regarding issue of structural safety of projects, it was decided that the development authorities may ask for structural safety certificate from site engineer and promoter at the time of applying for completion certificate.

The Housing and Urban Affairs Minister reiterated the resolve and commitment of Government to protect the interest of home buyers and ensure continued transparency and accountability in the real estate sector through effective implementation of RERA.