Most projects in rural areas not registered with RERA

REGISTERBy Accommodation Times Bureau

JAIPUR

The Rajasthan Real Estate Regulatory Authority (RAJ-RERA) had issued the deadline of three months for registering ongoing projects in the rural area and it has found that less than five developers have registered their projects till date, although the period of three months is going to end.

The RERA Act was executed in urban areas, and after that, it decided to take real estate projects in rural areas under the ambit of RERA.

“There are more than 50 projects in the state capital, and whereas less than five developers have registered their projects in Jaipur.” Official sources said. However, the penalty will be imposed if the developers fail to register their ongoing projects.





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