Latest StoriesRera

Karnataka RERA Targets Unregistered Projects, Highlights Gaps

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera) has ramped up its efforts to monitor unregistered developments, aiming to pinpoint violations, confirm project status, and take action against non-compliant promoters to protect homebuyers. Notices have been sent to validate project status and registration, uncovering that some were eventually registered. Data from K-Rera indicates that 765 complaints about unregistered projects have been lodged in Karnataka since 2021. Of these, orders were issued in 440 cases, while 325 remain at various stages of hearing and processing. Officials noted that a significant portion of complaints pertains to projects that either do not physically…