Sloppy start to RERA as almost half the states are yet to notify rules

Almost half the states yet to notify rules, while others have watered down provisions of central Act

States have been half-hearted in their efforts to implement the Real Estate (Regulation and Development) Act, 2016, (Rera), a year after the central law was officially notified following a seven-year long passage through Parliament.

Research by real estate consultancy CBRE shows 13 out of 28 states and Union Territories  (UTs) are yet to publish draft rules. In eight states draft rules have been published but these have not been finalised yet. In only seven states rules have been finalised and notified. One state, Jammu & Kashmir, is out of the purview of Rera.

Rera, being a central Act, does not