We check standard codes for foods – why not for wires ?

Detect Issues

16A socket board fitted with non ISI marked 1.5 sq mm wire.

Describe Issues

As per standard 1.5 Sq mm is not advisable for 16 Amps socket. Additionally Non ISI marked wires are less fire resistant and have tendency to melt with high loads. They also do not have good insulation. Non ISI marked wires could have less longevity, are less safer and ecofriendly as compared to ISI marked wire. So, it is better to have ISI marked wires which will be a step towards safer home and also would be better in longer run.

Direct Solutions

We recommend to provide ISI marked wire with required gauge as per standard.

Tamil Nadu RERA to publish plaints against builders

Chennai

Homebuyers can now be doubly cautious and steer clear of dubious developers soon as the Tamil Nadu Real Estate Regulatory Authority (TNRERA) will list the complaints filed against developers on its portal.

Buyers can make use of the information made public. So far, only the final orders of the authority over issues with housing projects were available on the TNRERA website. “Currently, we are uploading only the final orders of the complaints. Now, the feature providing details of complaints will be made available for the benefit of homebuyers,” an official from TNRERA told TOI.

TNRERA sources said the information would be added to the ‘complaints’ link on the homepage of the authority’s website.

“We are looking at introducing this feature in another 15 days or by June. The purpose is to make the portal transparent, such that the consumer gets details of complaints at the click of a button,” the official added.

Details such as name of the complainant, nature of the grievance, the developer’s name and the name of the housing project would be provided in the link. The prayer for which the complaint has been filed would also be provided. This would help prospective buyers to take a considered decision on whether to invest in the project.

The realty regulator has received about 750 complaints against 55 housing projects since its inception in June 2017. More than 90% of the housing projects against which complaints were filed were in and around Chennai. The authority has delivered final orders for 40 complaints in the past two years.

TNRERA came into existence after the state government notified the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017. As per the rules, registration of all ongoing housing projects with a minimum of eight units and new residential layouts, is mandatory. Till April, 980 housing projects and layouts have been registered with the TNRERA since its inception. Majority of these projects are in Chennai and its periphery, Kancheepuram and Tiruvallur districts.

Source – www.realty.economictimes.indiatimes.com/news/industry/tamil-nadu-rera-to-publish-plaints-against-builders/69277392

What If Your Builder Opposes A 3rd Party Home Inspection?

A dream home is not just a home. It is not the only end goal of aspired living but also a security blanket. It is an important investment that needs to be well thought through. At the same time, new does not always mean perfect and old is not always gold. So, whether you are buying a new house, renting one, or maintaining one from overseas, you need to ensure it is safe and healthy. The best way to do that is by engaging a third-party home inspection service provider. If your builder or seller stops you from doing that get your logic straight and demand for a transparent check. Remember- getting an independent home inspection done is one of the fundamental rights of a home buyer. (Read thru www.legalmatch.com/law-library/article/home-buyers-rights.html)

Importance of home inspection for new constructions

While purchasing a house, a new property is always a preferred choice. This is because top builders in India are developing modern homes that make maximum use of space and the latest materials available. Like their international counterparts, they are now focused on maximizing energy efficiency in every project. Additionally, a brand new house doesn’t come with the baggage of maintenance issues like older properties. That being said, defects like faulty water-proofing and water seepage, civil, electrical or other related issues can be there in any property irrespective of its age. To detect those defects a third-party home inspection is crucial.

A pre-purchase home inspection is relatively new in India. Builders and developers haven’t warmed up to it yet. They feel a third-party home inspection may open up a can of worms they aren’t even aware of and thus, risky. Many builders will resort to complicating the situation to dissuade the buyer from engaging in a home inspection. These builders are likely to have compromised on the quality and are the ones to watch out for. On the other hand, trustworthy builders and developers will always welcome a third-party inspection as it will reinforce their reliability to the public.

As a buyer, you must understand that it is your right to carry out an independent home inspection/ appraisal. No builder in India can decline such a request, whatever be the case. If they do, then they should certify all the concerned areas have been addressed. Or else, in worst cases, you can escalate the matter to the consumer court or your state RERA (Read through the related note…… www.macj-abuyerschoice.com/home-inspection-rera-updates)

A home inspection checklist for new buyers

A home inspection is largely a non-invasive technique. It is a visual examination of all accessible areas which includes systems and components of a property. The third-party inspection team issues detailed pictorial reports of critical issues observed. Software-driven home inspection reports are generated for the complete assessment. Clearly, a home inspection prior to purchase is- knowing what you are walking in to. After all, nobody likes surprises down the road. Isn’t it?

Getting started, a checklist helps:

  • Building material types
  • Installation and finishing
  • Operations and functionality
  • Damp and seepage assessment with tools using thermal imaging technology
  • The state of waterproofing and damp-proofing
  • Electrical inspections
  • General safety

Why you should be extra cautious about leakage/ seepage

India is classified as a tropical landmass and such topography is associated with heavy moisture/ dampness. Ambient dampness leads to seepage in building structures having waterproofing defects for finishing issues, weakening them pretty fast. Other causes that worsen the situation are poor ventilation, rising and penetrating damp and plumbing failures, etc

You will notice rising moisture content creates a ripple effect in the house. There are rust and fungus in toilet tanks, water pipes, HVAC systems, and other machines. The insides of electronics and domestic appliances also start to corrode easily increasing the risk of short circuit. If not detected early, this damp leads to recurring expenses and in case of extensive damage, structural renovations become inevitable. This is also a significant health hazard to the residents (www.macj-abuyerschoice.com/damp-seepage-assessment-with-solutions-through-thermal-imaging-technology)

Depending on the year constructed and material used, moisture can speed up the deterioration process of your home and create an unhealthy living environment. By opting for a home inspection you can nip the problems in the bud. The non- invasive moisture testing helps you to find out the affected and/or vulnerable areas of the property. And you can take necessary action for a long term solution. The net result is no headache of recurring expenditure on things like patchwork waterproofing and repainting after every extreme weather events. Additionally, a well damp-proofed property earns you better returns over a longer period of time.

Why are builders wary of the home inspection?

It is human for people to be suspicious of and resistant to new things. Home inspection was not on the buyers’ agenda before and awareness about the process has been low until now. Times have changed. Properties are far bigger investments, buyers are savvier, NRIs are buying properties like never before and municipalities/governments (RERA) are imposing stricter quality control. This has created a professional buying and selling environment, thereby requiring a pre-purchase home inspection to come into play.

Many Indian builders regard third-party inspection as intrusive and a challenge to their abilities. Some of them may not have used quality compliant means and processes in their development and are at risk of being exposed. Others may not have an idea of the ideal stringent measures required for quality construction and development and are hence, wary of being caught out.

In this developing scenario, top builders in India have shown greater degrees of acceptance of home inspection and are not obstructive if requested.

For the buyers, a third-party property inspection is a better-to-be-safe-than-sorry proposition. It is certainly not a knock against the developers, builders or municipal inspectors to point out their defects. It simply reveals necessary repairs and cuts down on future unforeseen costs while stating the health and safety of their new or existing purchased property.

Builders should actually welcome home inspection

Indian Real Estate Developers should actually be open to having their properties evaluated by third-party home inspectors instead of opposing it. It is an opportunity for the inherent construction errors to be addressed before they become major problems. And it is also a free opportunity as it is being paid for by the buyer! Every seller should allow the buyer to have a home inspection done at their discretion and expense before the contract is signed. It is the same thing like buying a car which is a test-driven and inspected from every angle, both from outside and inside, before the final handover. So, why not you must insist for a safe and healthy home for your family which is far more expensive than a car?

Every buyer when buying a new standalone house should be allowed an inspection by the builder or the real estate developer. This should be prior during construction, prior to fittings (electrical / plumbing, doors, windows, floorings, etc) installation and then, before the final walk-through. In the case of apartments too, top builders in India should not oppose home inspection which helps identify minor issues that become bigger with time. This sets a good example for the smaller builders to follow. Also, inspection by the buyer at the construction stage itself can do away with huge unforeseen expenditures for the builder/ developer later. In fact, some of the leading developers in India are already conducting pre-delivery third-party inspections themselves. (www.macj-abuyerschoice.com/our-services-2/construction-finishing-inspection-for-real-estate-developers)

Some of the reasons why builders in India should allow inspection are as follows:

  • Senior management of building companies cannot physically control on-site construction and quality.
  • After the completion of the civil areas and structural elements, some defects may arise in the interiors which may have to be broken to be replaced.
  • There is a reduced dependency on contractors, floor managers, construction supervisors, and labourers and workers.
  • With periodic inspections, many problems are detected beforehand at significant cost savings to the builder.
  • Provides a third party assurance to the builder regarding the quality of his investment in the construction and finishing of units.
  • By allowing access to home inspection, the project’s value, developers’ credibility, and group brand name grows manifold.
  • Earns a better selling platform and bargaining position to the seller.
  • When a re-sale property is again sold or rented out with only minor repairs and cosmetic external beautification without addressing the root cause, it may later spoil the seller’s credibility in the market.
  • Interior designers can study blueprints and building codes and work accordingly. Professional home inspection firms can further aid them in ensuring the longevity of the house.

Home inspection, thus, is a win-win situation for all the parties in a real estate value chain as together they can have a clear understanding of the physical condition of the home in order to make a well-informed decision. A home buyer must explain to the builder or developers that they are all links in this same chain so what benefits one, will also benefit the other.

NRI/ Cross City Community property buyers must convince builders to allow a home inspection

Many home Inspection/property management companies offer one-stop solutions to the NRIs / CCCs for managing their property from a foreign land, whether it is at the construction stage or ready to move-in. From physical inspections of a home to doing the paperwork and filing taxations for both self-owned and rented premises, they do it all at a nominal fee. So, when faced with opposition from the builder, an NRI buyer needs to be firm and resolute about a pre-purchase inspection. The most accommodative way is to educate an unwilling builder about the non-invasive process of home inspection and the benefit it provides to the buyer and the builder alike. While it may take more than just an encounter, the time spent to obtain the permission will be worthwhile for sure.

Home inspection & beyond: NRI property management benefits

A Third party property inspection, for NRIs, comes with a host of other benefits. The service providers cover many essentials to give their clients complete peace of mind. For example, if you are buying a property and have engaged a property management team, it will conduct periodic visits to the sites of under-construction properties and keep sharing regular progress reports along with relevant pictures and videos with you. It will also coordinate with the developer about rectification matters and email you periodical MIS/updates. Before the handover, it will conduct a thorough final inspection and arrange for a walk-through so that you can move in with a relaxed mind.

Builders and developers must realize that high-end buyers and the lucrative NRI/ CCC customer base are more likely to insist for pre-purchase home inspections or else make their investment elsewhere. The NRI group, particularly, will turn their back on them as they fully comprehend the headaches that can come out of an un-inspected piece of property that they struggle to manage remotely.

A popular management mantra says: the customer is always right. The real estate industry is no different, and particularly so in a buyers’ market. When years of dreams and hard earned money are put together as an investment for a home and a security blanket, the buyer has every right to tick all the boxes prior to purchase. It is called peace of mind. So, as a buyer if you find your builder unwilling to cooperate on pre-purchase home inspection matters, first, try to convince him; if that doesn’t work, seek legal advice or go to your State RERA (RERA provides for 5 years free-of-cost guarantee from structural / workmanship defect or any other quality or provision of services or any other obligations of promoter as per agreement for sale from the date of handing over possession…… www.macj-abuyerschoice.com/home-inspection-rera-updates)

UP-RERA plans to adopt projects left midway by developers

Noida

Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has resolved to adopt projects that have been abandoned by builders midway and whose completion date has expired. The regulatory body has estimated that there could be 100 such abandoned projects in the state’s NCR cities.

Following a meeting with officials of the Greater Noida Industrial Development Authority (GNIDA), the UP-Rera officials announced on Thursday it will draw a true estimate of the number of projects which have been left midway by builders and have exceeded their completion dates so as to draw a resolution.

“There are about 100 such abandoned projects where the builder has deserted a project midway and is untraceable. Many of these have also expired their completion dates. We will now find a way to adopt them and resolve their fates. Work on this will start soon,” UP-Rera member Balwinder Kumar said.

Moreover, UP-Rera has also appealed to all developers who have not come forward to get their projects registered with the real estate regulator to do so at the earliest, else a fine to the measure of 10% of the project cost will be imposed.

“So far, we have not exercised this clause in NCR, but there is provision in the UP-Rera Act to impose a 10% fine for not registering a project and we have now decided to start sending notices. By our estimates, there could be 300 projects that have dodged UP-Rera registration and would be sent notices,” Kumar added.

According to the UP-Rera officials, there are 4,850 NCR-based cases pending before the regulator. The Greater Noida office of UP-Rera has recently set up a third bench to accommodate cases faster.

Source – www.realty.economictimes.indiatimes.com/news/industry/up-rera-plans-to-adopt-projects-left-midway-by-developers/69261297

MahaRERA to focus on 70 ‘stress’ projects in Maharashtra

Pune

The Maharashtra Real Estate Regulatory Authority (MahaRERA), which completed two years on May 1, will shift its focus on housing projects that are under stress and incomplete for various reasons.

The regulator has identified 60-70 such “stressed” projects in the state — mainly in Pune, Mumbai and Thane — and has chalked out a plan to reach out to the members of such projects; to guide them in forming an association and help them complete the project.

In March this year, MahaRERA had issued a standard operating procedure (SOP), allowing homebuyers to remove a developer in case the project was delayed, and hand it over to an expert panel for completion — with the regulator monitoring the proceedings. This step could be initiated only if at least 51% of the homebuyers affected by the delayed project gave their consent.

Over the last two years, more than 20,000 projects have been registered with MahaRERA in the state — the highest in the country. However, the number of completed projects stands at a little over 4,500.

Among these registered projects, there are many yet to be completed despite the issuance of orders and even recovery warrants, allowing the revenue authorities to auction the property and return the money to homebuyers.

“The (March) order was issued to benefit those affected by such stressed projects, where the developer has not been able to complete the project due to a paucity of funds or any other reason, and homebuyers are stuck with the project for long periods of time. We have assessed 60-70 projects in three cities and now plan to reach out to the complainants as well as the remaining members,” MahaRERA secretary Vasant Prabhu said. The regulator is planning a workshop for affected buyers.

MahaRERA had issued the order under Section 37 of the Real Estate (Regulation and Development) Act (RERA). Under Sections 7 and 8 of RERA, a regulator can revoke the registration of a project as well as remove the developer, provided 51% of the project allottees agree on such an action. A separate panel under MahaRERA, with the help of experts, would carry out the remaining development work and take the project forward to completion.

However, there’s a caveat: this process will be possible only for non-litigated projects.

Once the revocation orders are issued, the developer will lose all right to the project. The authority will set up a panel to prepare a project report within four months to decide the future course.

Source – www.realty.economictimes.indiatimes.com/news/regulatory/maharera-to-focus-on-70-stress-projects-in-maharashtra/69184915

Property Registrations Under RERA Rise Across The Country

After 2 years since the onset of RERA, property registrations across the country have risen and buyers are coming forward in large numbers to seek relief from dubious builders.

Property registrations under RERA are increasing continuously. The registrations across the country have increased especially between November 2018 and April 2019. According to Anuj Puri, Chairman of ANAROCK Property Consultants, 307 projects have been registered under RERA in Andhra Pradesh. In November 2018, Andhra Pradesh RERA had recorded only 61 property registrations. Maharashtra leads with more than 20,718 projects registered and 19,699 RERA-registered real estate agents. In the southern state of Karnataka, 2,530 projects have been registered while 1,342 real estate agents have been registered under RERA.

Gujarat boasts of 5,317 RERA-registered projects and 899 registered agents and agencies. After two years since RERA was implemented, the property registrations across the country has been rising. The north-eastern states of Manipur, Meghalaya, Mizoram, Nagaland and Sikkim are soon going to notify RERA rules. The north-eastern states have been earlier reluctant to comply to RERA rules. However, these states are soon going to adopt RERA regulations to increase transparency across the sector. West Bengal has framed its own real estate law under the West Bengal Housing Industry Regulatory Authority (WBHIRA). As of now, 22 states and 6 Union Territories have already implemented RERA. 19 states have active online RERA portals while West Bengal has its own portal.

Anuj Puri said that each of the states with active portals have recorded a rise in project and agent registrations since November 2018. He noted that even while fretting about the dilution of the rules notified, buyers have been bestowing their faith in the law and coming forward in large number to lodge complaints against developers for various reasons including project delays.

MahaRERA has registered 6,631 complaints until April. According to the state authority, 64 percent of the complaints have been disposed. Also, there are cases of developers delaying payments and not attending hearings which need to be resolved. A huge number of consumers are registering complaints across the country which shows the increasing faith in the redressal system among buyers.

Source: www.realtynxt.com/2019/04/30/property-registrations-under-rera-rise-across-the-country

Do you have access to False Ceiling? It is needed!

Detect Issues

No trap door provision at false ceiling.

Describe Issues

Ceiling trap door is used in false ceilings to access plumbing pipes or valves, electrical conduit, AC gas pipe for service, maintenance, and repairs. It might appear a small problem but it is important to provide trap door in false ceiling as there can be chances of leakage in pipe or some problem in AC gas pipe insulation & electrical conduit, which can be easily repaired by providing for it. This will provide access to plumbing pipes, electrical conduit or AC pipe lines during repair which will be saviour for residents in future.

Direct Solutions

We recommend to provide a trap door provision of suitable size.

Testimonial from Senior VP, Urbana Residential Projects | A Happy Customer

Ms. Debjani Mukherjee, is a Senior VP of Urbana Residential Projects. Standing proudly, the tallest & premium Residential Project – Urbana has changed the Skyline of Kolkata, and has set a Benchmark in the City. It has been successfully delivered with around 650 happy families staying and some more to move soon. Phase 2 of the project with another 600 units will be launched soon. Urbana is a joint enterprise of the Government of West Bengal along with 6 leading business houses of Kolkata, namely, Emami, Sureka, Shrachi, MKJ, JB and Nahata Groups.

MACJ – A Buyer’s Choice has conducted home inspections of around 250 apartments in Urbana residential project.

11-Point Checklist to Simplify Home Buying

The idea of buying a house or an apartment has undergone a sea change. It is no longer only about owning a space where one can live comfortably in a city for years; home buying has evolved as an investment decision that today’s ‘anywhere generation’ takes to reap good returns, irrespective of where they are stationed for work.

Nevertheless, the decision to buy a home is an important one and it demands in-depth research, proper guidance, and a lot of legwork. From applying for the home loan to getting a final home inspection done, every step requires the home buyer’s active participation. If you’re getting into the process anytime soon, here’s a checklist you can bank upon:

1. Research

Internet is a treasure trove of information for home buyers. Browse thoroughly and make a list of upcoming, new real estate properties that are already open for advance booking. Get to know about each of the properties, where it is located, the neighbourhood, and the security. Don’t forget to take a virtual tour of it to get a feel of the place. Calculate the acreages and then, depending on your budget, you shortlist the properties. You can also consider looking up the property selling websites for a good deal. Going old-school is also advisable in the case of home buying. Keep an eye on the Real Estate page of the newspapers and magazines so you don’t miss out on a lucrative deal. Some of the prominent websites for research include www.magicbricks.com, www.99acres.com, www.makaan.com, www.housing.com/in/buy, www.proptiger.com, www.regrob.com, www.remax.in, www.commonfloor.com, www.nkrealtors.com, www.squareyards.com, www.jll.co.in, etc.

2. Site Visit

Plan a visit to each of the shortlisted property sites but not before you have made a checklist of amenities you would wish to have in there! If the house/housing complex is at its Phase Zero or under construction, take a tour of the site, talk to the realtor and try to know if the property actually has those amenities or not. Also, note down the details of the price and the payment/ loan options. Mark ‘right’ if you like the property and move on to check the next.

3. Builder/ Seller’s document verification

Once you have zeroed in on a property, ask your builder/ seller for the clearness certificates and other legal documents. A builder’s credibility is a crucial factor in home buying and so, you must consult a lawyer who can guide you in the matters of paperwork. Get the builder’s document verified by the lawyer. This will protect you from any possible breach of trust and breach of contract in the future. In case it is a new project check the State RERA website for project detail/ status/ approvals, etc. Any project with a land area over 500 square meters or includes eight apartments or more must mandatorily register their project along with all the relevant details on the State RERA website. Some of the State RERA websites are www.hira.wb.gov.in (West Bengal), www.maharera.mahaonline.gov.in (Maharashtra), www.tnrera.in (Tamil Nadu), www.rera.karnataka.gov.in (Karnataka), www.dda.org.in/rera (Delhi), www.up-rera.in (Uttar Pradesh), www.haryanarera.gov.in (Haryana), www.rera.goa.gov.in (Goa), etc.

4. Check your neighbourhood

Do a review of your neighbourhood development, the availability of basic amenities/ utilities, like grocery, fruits & vegetables, logistics, computing resources (autos/ bus/ cabs/ metro), etc. The developments in and around your apartment are very important to be checked thoroughly.

5. Home Inspection

If you’re buying a resale property, the next important step will be a home inspection. Get a complete health and safety checkup of the property you are buying. This is the step that helps you to take an informed home buying decision by assessing the property against parameters such as Moisture Content and/or Dampness, Electrical Wiring condition, and condition of Water Pipeline, Cracks, Electrical issues, etc. There are possibilities that the seller will try to convince you about the worthiness of the property and somewhat discourage you also from getting the home inspection done. But you being the buyer must go for it.

A property, in all likelihood, will have mild to a severe damp problem and other issues like leakage and seepage, crack, electrical/safety issues, other construction related issues. Due to finishing/ renovation, they may not be visible from outside. A professional home inspection can help you detect this problems and save you from future harassment. All the elements like wall, ceiling, floor, doors, windows, plumbing, electrical, etc have to be check properly.

6. Organizing home buyer’s credentials

Once you get a nod from the third party property inspection company, proceed to organize your KYC and financial documents and credentials. When you apply for a home loan advance, the first thing a home loan provider asks for is your financial reports. These include your KYC documents, credentials, income tax returns, bank statements, etc.

In case you’re not sorted out, finding these reports can turn out to be tedious and faulty at the end. So, organize everything in a folder that you can access it easily. The sooner you find and forward the files to the home loan provider, the sooner your application is accepted and you get endorsed by the bank for a credit.

7. Credit score check

You may think you have an astounding credit score, but the actual report can paint a different picture. To avoid getting last minute surprises (read ‘shocks’), check your credit report in advance. In India, companies, like CIBIL, CRIF High Mark, Equifax, and Experian provide such reports. You can get your free credit score generated from any of these companies, once in a year.

Check the report for any mistake and initiate the process for a new record generation if there’s any indication of possible fraud. Remember, any mistake on your credit report can bring down your credit rating and imperil your home loan approval.

8. Getting Pre-Approval Loan

After assessing your credit score, the bank releases a confirmation (virtual) of loan approval. The pre-approval loan gives you the initial financial support with which you can make down payment for booking the property. However, the loan comes with a time window within which if you fail to purchase the property, the bank cancels it. Do read our related blog for more information on this…… www.macj-abuyerschoice.com/guide-take-home-loan-dream-home

9. Construction monitoring

If you’re buying an under-construction property, visit the site periodically to check if all the commitments made by the builder are being fulfilled properly. If you’re staying abroad or in a different city and is not possible to visit the site in person, delegate the duty of checking to a professional home inspection company. They will report you from time to time and coordinate with the builder for any real-time modification.

10. Completion of purchase

Complete the legal diligence followed by the signing of the sale agreement. If you’re an NRI, your property manager will help you prepare the agreement papers. Recheck the sale deed so as to make sure all the specifications of your home are met.

11. Pre-handover home inspection

Finally, get a professional home inspection done to make sure the property is ready for moving in. Once ‘Okayed’ by the company, proceed to further activities like doing your home interiors.

There’s nothing more exciting than purchasing a home. But, the tonnes of paperwork and issues like appraising a property’s health can make it less gratifying. Follow the above tips to make the complicated home buying process smooth sailing for you.

Gujarat second in number of works under RERA

Ahmedabad

Gujarat has left behind all other Indian states except Maharashtra in registration of projects under the new realty law — Real Estate (Regulation and Development) Act (RERA) — which had come into effect almost two years ago.

As many as 5,317 real estate projects have so far been registered with Gujarat’s real estate regulatory authority, the number being the second highest in India after Maharashtra, shows data compiled by ANAROCK Property Consultants. Apart from this, 889 real estate agents and agencies have registered themselves with the RERA authority in the state.

Maharashtra tops the list of states in RERA compliance with 20,718 registered realty projects and about 19,699 real estate agents. According ANAROCK, project and real estate agent registrations have been on the rise across most states from November 2018 to April 2019. Maharashtra leads the race followed by Gujarat.

“The compliance in Gujarat is very strong due to the laying of a well thought-out regulatory regime. There were technological and transitional issues, but the state regulator proactively provided handholding support to promoters and professionals,” said a real estate industry expert.

The credit should also go to the state’s realtors and professionals, said experts, for their willingness to adopt the new regime. Professionals swiftly understood the requirement of the regulator and guided the promoters in the right direction.

At present, 22 states and 6 Union territories have already notified their RERA rules, out of which 19 states have active online portals. West Bengal too has an active portal for its own real estate law.

Source: www.realty.economictimes.indiatimes.com/news/industry/gujarat-second-in-number-of-works-under-rera/69107187