K-RERA puts project details in public domain

K-RERA puts project details in public domain

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The forum of home-buyers that was demanding transparency in the functioning of Karnataka Real Estate Regulatory Authority (K-RERA) has received a partial victory. The regulatory body — which had stopped displaying information related to extension and rejection of projects as well as copy of the orders on its website — has made them public once again.

Under the ‘Services’ tab on the website, K-RERA has provided data on the projects that received time extension and projects that were rejected or revoked by the authority.

These sections were available for public view last year, but the authority quietly withdrew these details from its website. It was only after the Forum for People’s Collective Efforts (FPCE) campaigned for bringing transparency in the system, when the K-RERA made the details public.

However, MS Shankar, General Secretary of the forum, is not entirely happy. “The authority while displaying the projects that have received extensions — should also provide information on what grounds the additional time was given,” he said. “The website states that 235 applications seeking extension has been approved. As per the Act, RERA does not have the powers to extend a project beyond one year,” he said.

The forum, he said, has also suggested that the Authority should display the complaints received from the home-buyers. “RERA has reserved judgements of over 100 cases without pronouncing them. I have come across a case where the judgment was not pronounced for more than a year. This is now how the home-buyers should be treated by the regulatory body,” Shankar said.

Kishore Chandra, who was recently appointed as chairman of the authority, said he would look into the issues raised by home-buyers.

Developers or promoters not honouring the judgments or orders passed by K-RERA is one of the major issues concerning the home-buyers. While the regulatory body has a record of passing judgments on 2,921 cases, only 232 home-buyers benefited from the orders passed by the authority. So far, RERA has received nearly 6,000 complaints, majorly from home-buyers.

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