Karnataka Real Estate Regulatory Authority (RERA) has crooked 20 housing projects of developers. The list of developers whose housing projects have not been approved is released on Karnataka RERA website.

According to Section 5(1) (b) of the Real Estate Regulation and Development Authority Act, 2016, these firms are barred from taking up real estate projects in the state.

As on date, 854 real estate projects across the state have been certified by the regulatory authority. Applications of 619 others are being processed and 20 applications have been rejected.

Karnataka RERA Chairman said they have sent 3 notices to builders who are yet to register with us. The third notice makes it mandatory for them to be present at a public hearing to explain why they are yet to register with us.

Source: New Indian Express