Kerala Real Estate Regulatory Authority to bring transparency in real estate sector

Government of India has sanctioned the Real Estate (Regulation and Development) Act 2016 and all the segments of the Act will come into power with impact from May 1, 2017. Under this Act, Government of Kerala set up Kerala Real Estate Regulatory Authority (K RERA) for guideline and advancement of land area in the State of Kerala. Land (Regulation and Development) Act 2016 is a stage towards improving the real estate sector in India, empowering more transparency, responsibility and financial discipline.


With an intend to support the certainty of clients and acquire more straightforwardness in the land area, Chief Minister Pinarayi Vijayan dispatched the Kerala Real Estate Regulatory Authority (K-RERA).

"It is a result of a small bunch of real estate agents who redirect from great practice and enjoy illicit approaches to mint cash that the entire area here and there get a dark imprint. We have heard terms like the land mafia," Vijayan said at the official dispatch occasion.

"It is the covetousness of a not many that are ruining the market. With the Real Estate Regulatory Authority (RERA) set up, there will be more straightforwardness and validity. It will likewise assist with rethinking the advertiser purchaser relationship in the area, " he added.

The Kerala Chief Minister additionally said that the land area has seen huge development in the nation in the most recent decade.

"It additionally helped the working class understand their lodging needs. With a compelling administrative component, the land area is ready to develop additionally ingraining trust in home purchasers," he said.

Passed by the Parliament, the Real Estate (Regulation and Development) Act, 2016, had guided the state governments to build up RERA for compelling guideline of the land area and furthermore for expedient contest redressal.

According to the Act, structures with in excess of eight condos and genuine bequests ventures with 500 square meters of land or more should be enlisted with RERA.

See Acts & rule in pdf format http://rera.kerala.gov.in/system/files/2019-12/RERA-Act-and-Rules.pdf

See Ongoing projects from registered builders https://rera.kerala.gov.in/rera_project_details


See registered real estate agents name & address https://rera.kerala.gov.in/rera-agent-details

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