RERA came into effect on May 1, 2017, but was notified in Telangana only in August 2017.
The act mandates the formation of a regulatory body where all builders must register, but so far only an expert committee to study the implementation of the act in Karnataka and Maharashtra has been formed. “There are several states where the regulatory body has not been set up, Telangana is one of them.
After studying the administrative setup and procedural aspects of the Act’s implementation in Karnataka and Maharashtra, three-member expert committee from Telangana is to prepare a report. “They have to expedite the process and registration process has to start,” said G Ram Reddy. Mumbai RERA is very active and many false claims made by people against builders have been resolved, said G Ram Reddy, President, CREDAI.