Venkaiah Naidu: All states must notify rules related to RERA by July 30

M Venkaiah Naidu at press conference

By Accommodation Times Bureau

Urban Development Minister M Venkaiah Naidu on Monday said his ministry has asked all states to put in place regulatory mechanism related to the Real Estate (Regulation & Development) Act (RERA) by July 30.

“I have been constantly following with chief ministers. I wrote two letters. Today my third and final letter is going reminding the need to fulfill this obligation which is there,” he said at an event organised by National Housing Bank (NHB) here.

All the states have to approve the regulation, notify the rules, appoint regulators and operate regulatory authorities also by July 30, he said.

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