Since its inception, the Real Estate (Regulation and Development) Act (RERA) has shown remarkable progress across various states and Union Territories (UTs) in India. Here’s a breakdown of its significant milestones in simpler terms:
Project Registrations Surge
- From about 71,307 projects by November-end 2021, the count soared to 1,16,117 projects by November-end 2023.
- Maharashtra leads with 42,204 projects, followed by Tamil Nadu with 18,915 projects, showcasing substantial growth.
Handling Consumer Complaints
- A significant rise in resolving complaints – increased by over 47%, from 78,903 cases in November 2021 to around 1,16,300 cases by November 2023.
- Uttar Pradesh resolved the most complaints, with approximately 44,602 cases, followed by Haryana (20,604 cases) and Maharashtra (15,423 cases), totaling 69% of resolved cases.
Real Estate Agent Registrations
- A notable increase in registered real estate agents under RERA – up by 47% in the last two years, reaching a total of 82,755 agents since the implementation of RERA.
Insights from Anuj Puri, Chairman – ANAROCK Group
Anuj Puri highlighted RERA’s pivotal role in addressing homebuyer concerns, emphasizing the handling of over 1.16 lakh consumer complaints by state and union territory RERA bodies. He noted a dramatic 63% increase in project registrations and the resolution of more than 37,397 consumer complaints in the past two years.
Progress of RERA Implementation Nationwide
Rules Notification and Regulatory Bodies
- Almost all states/UTs have notified rules under RERA, except Nagaland, currently in the process, and West Bengal. The Supreme Court overturned West Bengal’s legislation, WBHIRA, for overlapping with RERA.
- 32 States/UTs have established Real Estate Regulatory Authorities, with 5 interim bodies. Ladakh, Meghalaya, Nagaland, and Sikkim are yet to establish their regulatory bodies.
Disposal of Complaints and Operationalization
- 28 States/UTs have set up Real Estate Appellate Tribunals, while some states are still in the process of establishing these tribunals.
- 30 States/UTs have operational RERA websites, with a few states still in the process of setting up theirs.
Appointment of Adjudicating Officers
- 26 States/UTs have appointed officers for dispute resolution, while 10 states are yet to do so, including Arunachal Pradesh, Bihar, Manipur, Meghalaya, Nagaland, Sikkim, Uttarakhand, West Bengal, Jammu and Kashmir, and Ladakh.
| State/UT | Registered Projects (Nov-end 2021) | Registered Projects (Nov-end 2023) | Total Cases Disposed (Nov-end 2021) | Total Cases Disposed (Nov-end 2023) |
|---|---|---|---|---|
| Andhra Pradesh | 2049 | 3900 | 158 | 228 |
| Arunachal Pradesh | – | – | – | – |
| Assam | 396 | 693 | 16 | 114 |
| Bihar | 1234 | 1607 | 678 | 3251 |
| Chhattisgarh | 1319 | 1725 | 1330 | 1844 |
| Goa | 767 | 1184 | 66 | 420 |
| Gujarat | 9272 | 12250 | 3024 | 4865 |
| Haryana | 988 | 1123 | 16864 | 20604 |
| Himachal Pradesh | 89 | 174 | 36 | 103 |
| Jharkhand | 756 | 1247 | 86 | 256 |
| Karnataka | 4497 | 6582 | 3024 | 4035 |
| Kerala | 631 | 1080 | 480 | 1331 |
| Madhya Pradesh | 3877 | 5580 | 4694 | 5694 |
| Maharashtra | 31664 | 42204 | 10646 | 15423 |
| Manipur | – | – | – | – |
| Meghalaya | – | – | – | – |
| Mizoram | – | – | – | – |
| Nagaland | – | – | – | – |
| Odisha | 610 | 976 | 1247 | 2379 |
| Punjab | 1085 | 1221 | 1678 | 3073 |
| Rajasthan | 1676 | 2739 | 1484 | 2819 |
| Sikkim | – | – | – | – |
| Tamil Nadu | 2901 | 18915 | 1668 | 2920 |
| Telangana | 3630 | 8227 | 0 | 1070 |
| Tripura | 75 | 121 | 0 | 0 |
| Uttar Pradesh | 3101 | 3519 | 30990 | 44602 |
| Uttarakhand | 324 | 361 | 575 | 629 |
| West Bengal | 0 | 167 | 0 | 51 |
| Andaman & Nicobar Island | 3 | 3 | 0 | 0 |
| Chandigarh | 3 | 4 | 25 | 30 |
| Dadra & Nagar Haveli | 157 | 204 | 0 | 0 |
| Daman & Diu | – | – | – | – |
| National Capital Territory of Delhi | 32 | 89 | 133 | 555 |
| Lakshadweep | – | – | – | – |
| Puducherry | 171 | 222 | 1 | 4 |
| Total | 71,307 | 1,16,117 | 78,903 | 1,16,300 |
Leading States in Project Registrations under RERA
- Maharashtra continues to top the list with 36% of all registered projects across 34 states and UTs, followed by Tamil Nadu (16%), Telangana, and Gujarat with approximately 7% and 11%, respectively.
The progress made under RERA signifies a concerted effort to regulate the real estate sector, ensure transparency, and resolve consumer disputes effectively, though some areas are still in the process of setting up regulatory bodies and mechanisms as per RERA guidelines.