The Karnataka High Court has ruled that the maintainability of a complaint under the Real Estate (Regulation and Development) Act, 2016 (RERA) cannot be decided by the RERA Registry. This decision highlights the role of the RERA Tribunal in such matters.
ReraReal EstateKarnataka High CourtRera TribunalHomebuyersReal EstateApr 11, 2025
The RERA Registry is responsible for receiving and processing complaints from homebuyers. It acts as an administrative body within the Real Estate Regulatory Authority (RERA).
The maintainability of a complaint under RERA is decided by the RERA Tribunal, not the RERA Registry.
The purpose of the Real Estate (Regulation and Development) Act, 2016, is to regulate the real estate sector, ensure transparency and accountability, and protect the interests of homebuyers.
The RERA Tribunal is responsible for adjudicating and resolving disputes related to real estate transactions, as well as determining the maintainability of complaints.
This ruling benefits homebuyers by ensuring that their complaints are given due consideration and that the RERA Tribunal, which has the authority, will decide on their maintainability, providing a clearer and more reliable pathway for redressal.
Tesla CEO Elon Musk predicts massive market potential for humanoid robots, with Tesla capturing at least 10% market share.
Real estate stakeholders demand government's focus on affordable housing in the upcoming budget
Mumbai and Bengaluru remain key hubs, with 80% of GCCs catering to international clients, highlighting India's strategic significance in the global business landscape.
Piramal Enterprises' arm Piramal Capital sells Mumbai property to Shoquba Realty for ₹187 crore. Get the latest market news and stock market updates on CNBC-TV18.
Shanghai has recently introduced new tax reductions for real estate transactions, effective December 1, aimed at boosting the city's struggling property market.
In a volatile trading session on Budget day, the Nifty managed to close near 23,500. FMCG stocks took the lead, with ONGC, Sun Pharma, LIC Housing Finance, Aster DM, Nuvama Wealth Management, Karnataka Bank, and Pfizer performing notably.