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PropEquity report: RERA project registrations decline 21% from 2022 to 2024
March 03, 2025
|The Business Guardian
The number of projects registered with the Real Estate Regulatory Authority (RERA) witnessed a significant decline of 21 per cent between Calendar Years 2022-2024, according to a latest report by NSE-listed data analytics firm PropEquity.
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According to the report, the registration of projects saw a remarkable 145 per cent growth, reaching 25,281 projects between 2020 and 2022. The year 2020 witnessed the least number of project registrations, the report highlights.
Since the operationalisation of Real Estate Regulatory Authority (RERA), 1.19 lakh projects, comprising 97.14 lakh units, have been registered with top 10 State RERAs between 2017-2024, said a report.
According to the report, top ten States with the highest number of projects registered with their respective RERAs are Maharashtra, Tamil Nadu, Gujarat, Telangana, Madhya Pradesh, Andhra Pradesh, Karnataka, Uttar Pradesh, West Bengal and Rajasthan.
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