The RERA law created to regulate the real estate market across India that came into



effect in 1st May 2017, is yet to be completely adopted in all the states. RERA states that every state and union territory should set up a regulator to register all real estate projects that are being marketed to the general public. Though the central government made it mandatory for all states and union territories to set up a regulator by May 2017 and complete registration of new and ongoing real estate projects by 31st July, not all states have followed the Centre’s directive. Implementation status of RERA across all states The Housing and Urban Affairs Secretary Durga Shankar Mishra sent out an official statement to all states and union territories on 21st July that stating that the inability of their governments to set up regulatory authorities or appellate tribunals will adversely affect all real estate transactions carried out after 31st July 2017. This strong statement was issued because though 21 states and union territories have notified the rules, only 19 of them have set up required regulatory bodies to carry out the registration process.
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