A day-long workshop was organised by the Ministry of Housing and Urban Affairs, Government of India (GoI) in Ranchi on Real Estate Regulatory Authority —RERA —‘A New Age of Transparency and Accountability in Real Estate’ on Saturday.
Speaking in the workshop, Union Secretary, Ministry of Housing and Urban Affairs, Durga Shankar Mishra, said that for the real estate sector, the government introduced RERA in 2016, bringing a historic change. Mishra said that before RERA, people who had the desire of purchasing houses in the urban areas had to face problems or often fall prey to fake companies and agents as there was no monitoring agency.
“RERA has not only given great respite to the people who buy a house but has brought the honor and reputation to the people who work in real estate sector. The population of the urban areas will double in the next 30 years and this will require a new urban space, therefore, RERA will play an important role in the way of development,” he added. Mishra hoped that corruption will be eliminated from different regions in the future and with complete transparency. He praised the efforts of Jharkhand for implementing PM Awaas Yojana and said that the government has done a commendable job in this direction.
On the occasion, Minister — Department of Urban Development, Housing and Planning, CP Singh said that RERA will have an important role in the state of Jharkhand, it is necessary that it should be promoted well . Also, the Minister said that if the law is made then it should also be decided that if any complaint goes to RERA, it must be get resolved in stimulated time. “If the benefits are not received in a particular time, then there should be a provision for action against those associated with the agency concerned,” added Singh.
Secretary, Department of Urban Development, Housing and Planning, Ajoy Kumar Singh extended the gratitude towards the Government of India for organising RERA workshop here and said that the act will prove helpful in establishing transparent system in the real estate business.
The Secretary also said that this workshop will benefit not only Jharkhand but 11 other states. Singh also said that the real estate industry has been promoted well after the introduction of RERA and the Government of Jharkhand (GoI) too has received several cases.
The central government’s Housing and Urban Affair, Economic Analyst, Anupam Mishra, Special Secretary, Department of Urban Development, Housing and Planning BPL Das, Ashish Singhmar, Director – Directorate of Municipal Administration, State Urban Development Agency (SUDA) – Director, Amit Kumar, State Chief Town Planner Gajanan Ram, along with Joint Secretaries, Deputy Commissioner, Deputy Directors, officials of Jharkhand Urban Infrastructure Development Corporation Limited (JUIDCOL), Officers of Ranchi Smart City Corporation Limited, Officers of City Development and Housing Department from 12 States including the representatives of CREDAI - apex body of Private Real Estate Developers Associations and banks were present in the workshop.