Gurgaon projects: Realtors devise own 'RERA rules'

Gurgaon projects: Realtors devise own ‘RERA rules’

NEW DELHI: The Haryana government is yet to finalise rules to enforce the Real Estate Regulatory Authority (RERA) Act in the state but projects have already started enrolling under the new legislation.

Among the major ones to be registered are a project of M3M and two projects of Signature Global, executive director of Haryana RERA Dilbag Singh said on Friday. Both these projects are new launches. Singh said applications had also been received for 12 more projects for registration under RERA.

However, with the rules yet to be notified to enforce RERA in the state, the present authority is interim in nature and it’s still some time before a full-fledged authority is appointed. Haryana’s RERA enforcement framework is now operating only under draft rules. Singh said projects are being registered under the draft rules with a condition that they would take necessary measures to comply with the final rules, if any changes are made.