Chairman RERA Delhi assures registration of realty projects in 15 days at CII Session

New Delhi, Friday, July 28, 2023: Anand Kumar, Chairman, RERA- Delhi while addressing the CII Delhi Interactive Session with RERA-Delhi & Delhi Fire Services in New Delhi emphasized the significance of transparency & collaboration in fuelling Delhi’s Real Estate Growth. Responding to the various concerns of the real estate industry, Kumar assured the registration of projects in 15 days upon receiving the required bundled and numbered documents. 

He also shared that some developers are currently announcing to sell Farm House built on 1 acre on the proposed policy under MPD 2041, which is completely illegit. The Farmhouses in Delhi are identified to be in low-density areas which has currently no clearance of DDA and the industry must be careful in making such commitments

The Delhi RERA Chairman chief announced to release RERA guidelines soon. He also welcomed inputs from the real estate community, furthering RERA’s focus on continuous improvement. He concluded that RERA was established to bridge the trust deficit between the five major stakeholders: builders, agents, buyers, planners, and regulators. They all need to work together for a sustainable, and conducive environment.

He highlighted the need to create awareness through sessions and campaigns on RERA regulations drawn for the benefit of all.

Atul Garg, Director, Delhi Fire Services highlighted the need of the adoption of new technology while the construction of new projects and building to ensure absolute fire safe. He shared that in Delhi over 70% of construction is unauthorized where no clearances are taken which unfortunately leads to accidents including fire. He further added that in the last 15 years not even a single casualty has happened in buildings cleared by Delhi Fire Service department. He shared that Delhi Fire Services is currently reviewing the limit of high-rise buildings in line to other states in India, and is open to taking suggestions. Garg also highlighted that the department is also exploring new innovations and best practices in countries like Singapore and Dubai. 

Real estate industry has long been facing challenges because of the multiplicity of agencies as well as delayed registrations in Delhi.  Sharing the industry concerns, Harsh Vardhan Bansal, CII Delhi Sub-Committee Chairman on Infrastructure, Real Estate & Urban Development and Co-Founder of Unity Group spoke about the 

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crucial issues concerning regulations and transparency in the real estate community. He highlighted the challenges faced by the sector, particularly regarding RERA regulations on common areas, usage of funds, extension of project duration in force majeure etc. and fire safety clearances. 

Bansal in particular highlighted about the ban on construction on anticipation of poor air quality under the revised GRAP guidelines. He stated that in construction there are a number of non-polluting activities like plumbing, electrification, furniture & fittings, etc and requested RERA’s support to secure its permission. He also requested for exemption of RERA registered project from ban under GRAP guidelines just like the public interest projects as it involves public money. 

During the session members also highlighted that there are multiple forums available for buyers to raise their real estate grievances which leads to confusion, added stress, and resources from Real Estate. Members requested that RERA, the governing authority in the sector, address all the issues in the sector. 

The Session was well attended by Promoter, Senior Leaders and Legal Heads from Real Estate and Urban Development Sector

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