RERA Karnataka or Real Estate Regulatory Authority, Karnataka is the regulating body in Karnataka State, set up under the RERA Act 2016. Don't be concerned if you have not heard about it. We've got you covered here and we will explain what RERA is and how it works.
So let's take a look at the RERA Act in Karnataka State and why homebuyers should know about it. But before we begin, let’s understand the basics of the RERA ACT.
The RERA Act was enacted to reform the country's real estate sector, which would subsequently encourage greater openness, make it more citizen-focused, improve financial discipline, and increase accountability.
The act consisted of 92 parts and was implemented in 14 states, including Karnataka. It was passed in 2016 and encompasses both residential and commercial projects.
It just takes 3 simple steps for homebuyers and builders to file a complaint on the Karnataka RERA portal.
Step 1: Go to rera.karnataka.gov.in and select "Register Complaint." Please enter your login information. You must create an account if you are a first-time user
Step 2: After logging in, enter information such as complainant details, respondent details, and the RERA remedies sought.
Users must additionally include specifics of their grievances and supporting documentation to strengthen their case. They also need to pay ₹ 1,000 to register complaints
Step 3: After submitting the complaint, the user will obtain an acknowledgment number/complaint number. They can use this number to track the status of their complaint.
Address: Silver Jubilee Block, 3rd Cross Rd, Sampangi Rama Nagara, Bengaluru, Karnataka 560002
Phone No. 080-22249798
RERA Act is surely a big relief for retail homebuyers and its enactment has helped streamline the real estate functioning in the country. Now builders are more liable for their actions which prompts them to complete projects on time.
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