Northeastern states agree to implement RERA

NEW DELHI: Nearly two years after the Real Estate Regulation Act (RERA) was enacted by the Parliament, six northeastern states have finally agreed to implement the law, paving way for protecting the interest of home-buyers in these states.nnArunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland and Sikkim had failed to notify RERA due to land and other issues. The development comes after a team of the Union Housing and Urban Affairs (HUA) Ministry visited the northeastern states on October 26 and held a workshop with their representatives and discussed the issues coming in the way of notifying the Act.nn?Northeastern states have agreed to implement RERA. We are helping them in notifying the RERA rules,? HUA Secretary Durga Shanker Mishra told PTI.nnSources said representatives of these states had some issues about the implementation of RERA, but the ministry officials cleared all their doubts in the last month?s workshop.nnThe Act, which provides proper protection to home buyers, was enacted by the Parliament in 2016. The states were given powers to notify their respective rules and appoint regulatory authorities.nnAll states and Union Territories in the country had notified the rules under RERA, except the six northeastern states and West Bengal. The Act is not applicable in Jammu and Kashmir.nnAccording to the ministry, 33,750 real estate projects have been registered under RERA, while 26,018 agents have been registered across the country.nnInstead of implementing RERA, West Bengal had notified its own real estate law ? the Housing and Industrial Regulation Act, 2017 (HIRA).nnMishra had written to the Bengal government, asking it to repeal its own act as there was already a central law on the subject.nnSource: Press Trust of India