Establish a dedicated unit within MoHUA to monitor RERA workings

The Forum for People’s Collective Efforts (FPCE) has pressed the Ministry of Housing and Urban Affairs (MoHUA) to establish a dedicated unit within the ministry to oversee the operations of all State Real Estate Regulatory Authorities (RERAs).

FPCE cited instances of non-compliance, notably by authorities in Maharashtra and Uttar Pradesh, and raised concerns about the persistence of pre-RERA practices. Such practices, including advertisements allowing modifications at developers’ discretion, contradict the Real Estate (Regulation and Development) Act, 2016, and undermine the transparency objectives of RERA, endangering the informed decision-making process of homebuyers.

FPCE proposed the establishment of a committee to scrutinize the existing infrastructure concerning transparency and reliability, thereby aiding informed decision-making regarding RERAs.

Abhay Upadhyay, President of FPCE said, “Our concerns confirm our belief that the effectiveness of RERA is crucially dependent on the commitment and diligence of the regulatory authorities In implementing its provisions in both letter and spirit, which is missing at present.” He further said, “It is clear that the authorities have misplaced priorities which is leading to neglect of crucial aspects.”

Representatives from FPCE emphasized the necessity for regular meetings among state RERAs to solicit feedback and implement necessary course corrections.

During a recent meeting convened by MoHUA, FPCE delegates highlighted various concerns regarding the functioning of state RERAs. They specifically called for the formation of a committee to study the present infrastructure of transparency and reliability on all state RERA websites.

The meeting, convened by MoHUA, aimed to evaluate the efficiency of RERAs across multiple dimensions, including transparency, accountability, information dissemination and grievance redressal.