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Asking state governments to ensure the mandatory registration of all eligible real estate projects under the Real Estate Regulatory Authorities Act, Prime Minister Narendra Modi has asked all Chief Secretaries to monthly monitor activities of RERAs in their respective states so that grievances of homebuyers are resolved on time, The Indian Express has learnt.
The Prime Minister’s directive came during a PRAGATI (Pro-Active Governance and Timely Implementation) meeting held via video conference on Wednesday.
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During the meeting, the PM also highlighted that Uttar Pradesh’s share in the proportion of registered projects in the country is just 2.5 per cent in Uttar Pradesh, while its share in complaints is about 18 per cent. He asked the state officials to ensure that more and more real estate projects are registered under RERA in UP.
In a statement, the Prime Minister’s Office said: “During a review of public grievances linked to the Real Estate Regulatory Authority (RERA), the PM emphasised the need to improve the quality and timeliness of grievance disposal to ensure justice and fairness for homebuyers. He asked state governments to ensure the mandatory registration of all eligible real estate projects under the RERA Act. The PM emphasised that strict compliance with RERA provisions is critical for restoring trust in the housing market.”
Meanwhile, Uttar Pradesh Chief Secretary Manoj Kumar Singh, who attended the PRAGATI meeting, issued some directions to development authorities in his state. He is learnt to have asked all the local development authorities to review within three days the status of 10 oldest real estate projects in their jurisdiction, which have not been delivered till date. Singh has also called a meeting with representatives of National Real Estate Development Council (NAREDCO) and Confederation of Real Estate Developers Associations of India (CREDAI) on June 3.
During the meeting, the PM reviewed three major infrastructure projects with a cumulative cost of over Rs 62,000 crore, spanning the sectors of Road Transport, Power, and Water Resources located across various States and UTs, as per the PMO statement.
“Emphasising the strategic importance of these projects, he called for concerted efforts to overcome implementation bottlenecks and ensure their timely completion,” the statement said.
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“Highlighting the adverse impact of project delays, the PM reiterated that such setbacks not only inflate costs but also deprive citizens of essential services and infrastructure. He urged all stakeholders to prioritise efficiency and accountability, stressing that timely delivery is critical to maximising socio-economic outcomes,” it added.
Harikishan Sharma, Senior Assistant Editor at The Indian Express' National Bureau, specializes in reporting on governance, policy, and data. He covers the Prime Minister’s Office and pivotal central ministries, such as the Ministry of Agriculture & Farmers’ Welfare, Ministry of Cooperation, Ministry of Consumer Affairs, Food and Public Distribution, Ministry of Rural Development, and Ministry of Jal Shakti. His work primarily revolves around reporting and policy analysis. In addition to this, he authors a weekly column titled "STATE-ISTICALLY SPEAKING," which is prominently featured on The Indian Express website. In this column, he immerses readers in narratives deeply rooted in socio-economic, political, and electoral data, providing insightful perspectives on these critical aspects of governance and society. ... Read More