Karnataka: RERA rules by month end


By Accommodation Times Bureau

The Karnataka Government is finally ready to publish it’s RERA rules. Housing minister M Krishnappa said: “We are almost ready with the final rules, except for some changes which have to be approved by the cabinet. We may discuss it at the next meeting and ensure the final rules are notified by the month-end.”
With commencement of the official notification, developers who have not registered their ongoing projects will have to comply and apply within three months from the official release date.

“The state government published the draft rules in October 2016, seeking comments and suggestions from stakeholders. Even after eight months, no decision has been taken on implementing Rera,” said M S Shankar, convener of the Rera committee, Karnataka chapter.

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