The RERA rules have been notified in 22 states and six union territories, and among them 19 states have active online portals so far. Five states have not yet notified the rules and 11 states - all the eight northeastern states as well as West Bengal and Kerala - are yet to set up their web portals. "Undoubtedly, it is work in process, with the states currently placed across the spectrum of RERA implementation. "The implementation of RERA has had its fair share of glitches delaying its full implementation. According to J.C. Sharma, Vice Chairman and MD, SOBHA Ltd, the implementation of RERA, has been one of the most significant and transformative steps for Indian real estate sector.

Source: Mint May 05, 2019 11:03 UTC