Tamil Nadu Real Estate Regulatory Authority (TNRERA) has secured eighth position among the states having the authority wherein it has 635 housing projects under its ambit and only 313 real estate agents have come under the purview of the TNRERA. But, Gujarat and Haryana have double the number of real estate agents registering with their respective authorities even as Maharashtra leading among all.
That the TNRERA have stated that authority has issued about 1,500 notices to developers to register their projects, shockingly around 1,000 among them have replied that their projects were built for their own use and not for sale, have also received completion certificate completed the structure,” hence such project do not lie under the purview of the authority.