The Real Estate Regulatory Authority (RERA) of Karnataka has finally appointed M R Kamble, a retired IAS officer, as the chairman.
The authority that was notified on July 10, 2017 has seen four interim chiefs since inception.
Karnataka Real Estate Regulatory Authority constituted a 3-member team to appoint the chairman of the RERA authority apart from setting up a tribunal with a High Court judge as part of it. The housing department received nearly 60 applications for the top post.
The K-RERA has appointed the chairman and the prayers of home buyers have been listened. Hoping the RERA functions to bring desired relief to the homebuyers, ” said MS Shankar, secretary, Forum for People’s Collective Efforts.
However, the government is yet to notify model sales agreement as per central government rules and RERA appellate tribunal members. “The appellate tribunal appointment has been with held for now,” said Shankar.
“We had submitted request to the government to reconsider the transfer of RERA secretary K S Latha kumari for the smooth transition,” said Shankar.
The Karnataka government notified Karnataka Real Estate (Regulation and Development) Rules-2017 in the state gazette in July last year with the setting up of Karnataka RERA.
The law was passed by Parliament in March 2016 to address the woes of millions of homebuyers and to ensure better governance in a sector that was hitherto unregulated. According to the RERA registration, Maharashtra has the highest share of registered projects under RERA, followed by Uttar Pradesh, Gujarat, Karnataka and Madhya Pradesh.