JK RERA Chairman Chairs High-Level Meeting to Strengthen Real Estate Regulation

The meeting was attended by Commissioner Secretary Housing and Urban Development Department, Mandeep Kaur, and top officers from various departments.

Jk ReraReal Estate RegulationHousing And Urban DevelopmentJammu And KashmirSatish ChandraReal Estate NewsAug 09, 2024

JK RERA Chairman Chairs High-Level Meeting to Strengthen Real Estate Regulation
Real Estate News:SRINAGAR, AUGUST 9 In a significant step towards strengthening the implementation of the Real Estate Regulation and Development Act, 2016, the Chairman of Jammu and Kashmir Real Estate Regulatory Authority (JK RERA), Satish Chandra chaired a high-level meeting with Divisional Commissioners, Deputy Commissioners, and Heads of Departments under the Housing and Urban Development Department at Civil Secretariat, here today.

Commissioner Secretary Housing and Urban Development Department, Mandeep Kaur was also present in the meeting. The meeting commenced with a brief introductory address by the Chairman, who emphasized the critical role of JK RERA in ensuring transparency, accountability, and efficiency in the real estate sector. He highlighted the Authority's commitment to safeguarding the interests of homebuyers and promoting the orderly growth of the real estate market in Jammu and Kashmir.

A presentation was delivered during the meeting, outlining the mandate and functions of JK RERA. The presentation provided an in-depth overview of the regulatory framework, compliance requirements, and the Authority’s approach to resolving grievances and disputes in the sector.

The Divisional Commissioners and Deputy Commissioners sought clarifications on various aspects of the Act. The Chairman, along with other senior officials, addressed these queries, ensuring that all concerns were effectively clarified.

Speaking on the occasion, Commissioner Secretary Housing and Urban Development, Mandeep Kaur reaffirmed the Department's commitment to working closely with JK RERA to achieve the shared goals of fostering a transparent and well-regulated real estate environment in Jammu and Kashmir.

Information
Jammu and Kashmir Real Estate Regulatory Authority (JK RERA) is a regulatory body established under the Real Estate Regulation and Development Act, 2016, to promote transparency, accountability, and efficiency in the real estate sector.

The Housing and Urban Development Department, Government of Jammu and Kashmir, is responsible for formulating and implementing policies related to housing, urban development, and real estate regulation in the state.

Frequently Asked Questions

What is the main objective of JK RERA?

The main objective of JK RERA is to promote transparency, accountability, and efficiency in the real estate sector.

Who is the Chairman of JK RERA?

Satish Chandra is the Chairman of JK RERA.

What is the role of the Housing and Urban Development Department in real estate regulation?

The Housing and Urban Development Department is responsible for formulating and implementing policies related to housing, urban development, and real estate regulation in the state.

What is the significance of the Real Estate Regulation and Development Act, 2016?

The Real Estate Regulation and Development Act, 2016, is a landmark legislation that aims to regulate the real estate sector and protect the interests of homebuyers.

Who attended the high-level meeting chaired by the JK RERA Chairman?

The meeting was attended by Commissioner Secretary Housing and Urban Development Department, Mandeep Kaur, and top officers from various departments.

Related News Articles

Why Print Media Remains the Top Choice for Realty Sector Marketing
Real Estate

Why Print Media Remains the Top Choice for Realty Sector Marketing

Industry experts Sarthak Seth and Marco Pilia share insights on the continued relevance of print media in real estate marketing strategies.

May 27, 2024
Read Article
Experience Luxury Living at Brigade Insignia in North Bengaluru
Real Estate

Experience Luxury Living at Brigade Insignia in North Bengaluru

Brigade Group launches Brigade Insignia, a premium residential project in Yelahanka, Bengaluru, offering 3, 4, and 5 BHK apartments with modern amenities and a lifestyle of unparalleled comfort and luxury.

June 28, 2024
Read Article
Toronto Home Sales Experience a Slight Dip in July 2024
Real Estate Mumbai

Toronto Home Sales Experience a Slight Dip in July 2024

The Toronto housing market has witnessed a minor decline in home sales for the month of July 2024, sparking concern among real estate experts.

August 8, 2024
Read Article
Safeguard Your Real Estate Investments: UPRERA's Guidelines for Home Buyers
Real Estate

Safeguard Your Real Estate Investments: UPRERA's Guidelines for Home Buyers

The UP Real Estate Regulatory Authority (UPRERA) has emphasized the importance of executing sales and purchase of real estate projects only through agents registered with the UPRERA to safeguard the interests of all stakeholders.

September 17, 2024
Read Article
Pune's Traffic Congestion: A Crisis of Over 72 Lakh Vehicles
Real Estate Pune

Pune's Traffic Congestion: A Crisis of Over 72 Lakh Vehicles

Pune, a city that has consistently ranked high on global traffic congestion indexes, is grappling with a burgeoning number of vehicles. According to recent data, over 9 lakh new vehicles have been added to the city's roads in the last four years, pushing

October 18, 2024
Read Article
Luxury Home Sales Soar 37.8% in First Nine Months of 2024
Real Estate Mumbai

Luxury Home Sales Soar 37.8% in First Nine Months of 2024

The luxury real estate market has seen a significant surge in the first nine months of 2024, with sales jumping by 37.8%. Cities like Mumbai, Delhi, and Hyderabad have emerged as key players in this upward trend.

October 21, 2024
Read Article