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.

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