Realtors call for stronger RERA, not its dismantling

FOLLOWING THE SUPREME

- RAGHAVENDRA KAMATH

Court’s sharp criticism of RERA authorities, property developers and legal experts have pushed back, arguing that it would be unfair to dismiss the structural changes brought about by the Real Estate (Regulation and Development) Act and paint all state regulators with the same brush.While hearing a matter related to the shifting of the RERA office in Himachal Pradesh, a Supreme Court Bench comprising Chief Justice Surya Kant and Justice Joymalya Bagchi observed that the institution appeared to be doing little beyond “facilitating defaulting builders.’ The court remarked it would not mind if the institution were abolished and called upon states to revisit how the authorities are constituted. In September 2024, the Supreme

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