Tag: Kashmir

Latest StoriesRera

J&K RERA Aims for 100 Project Registrations Before New Plans

Satish Chandra, Chairman, Jammu & Kashmir RERA NEW DELHI: The Jammu & Kashmir Real Estate Regulatory Authority (J&K RERA), which commenced operations in January 2024, is prioritizing structural reforms, master plan updates, and stricter enforcement of layout regulations to formalize and grow the Union Territory’s real estate market. In an exclusive conversation with Ankit Sharma, Chairman Satish Chandra shared a strategic plan that includes revising master plans for Jammu and Srinagar, monetizing a 450-acre land parcel in Srinagar, mandatory registration of government agencies, and enforcing unified building bylaws to prevent unplanned development. Edited excerpts follow: J&K RERA was established later…

Latest StoriesRera

Jammu & Kashmir RERA Introduces Single Window for Approvals

JAMMU: The Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) has proposed a single-window system to streamline approvals and registrations while establishing district-level enforcement cells to enhance monitoring and enforcement of violations throughout the Union Territory. Implemented in Jammu and Kashmir in 2018, RERA began operations in January 2024 with the aim of regulating the real estate market, enhancing project transparency, protecting consumer rights, and creating a mechanism for swift dispute resolution. A senior official stated, “To tackle various challenges, JKRERA proposed clearer authority definitions in rural areas, the creation of a Single Window System for integrated approvals and registrations,…