Andhra RERA Chief: Builders Must Register Projects Mandatorily
VISAKHAPATNAM: A Siva Reddy, the chairman of AP RERA, has mandated that all housing projects in the state covering an area of 500 square meters or more, or featuring more than eight apartments, must register with the AP RERA Authority. Reddy highlighted the construction sector’s significance as the second most vital economic sector after agriculture. He mentioned that awareness programs are being conducted statewide to educate both the public and builders about the RERA Act. “The Act aims to enhance the construction sector’s development while protecting and ensuring homebuyer welfare. Projects that fail to register with RERA will be subjected…