RERA across 27 states and eight Union Territories have resolved up to 1,16,300 cases of homebuyers' disputes till November 28, 2023, according to ANAROCK Research report based on data from the Ministry of Housing & Urban Affairs (MoHUA). Out of this, 38% of cases, or approximately 44,602 complaints were resolved in Uttar Pradesh alone, ANAROCK said. Haryana came a distant second with 18% of cases or approximately 20,539 cases resolved in the state. Thirteen per cent of cases or around 15,423 cases were resolved in Maharashtra. The three states cumulatively accounted for nearly 69% of the total disposed cases under RERA in the country.
«Resolving homebuyer concerns is one of the main functions of the Real Estate (Regulation and Development) Act, which it has been demonstrably fulfilling,» says Anuj Puri, Chairman — ANAROCK Group. “Uttar Pradesh has resolved the highest number of cases. Considering how severely Noida and Greater Noida in UP had been impacted by unscrupulous players, this is noteworthy.”
RERA: State-wise list of total cases disposed
Source: ANAROCK Research Report
Registrations for projects and real estate agents under RERA have also been going up steadily. «In fact, over