Karnataka Real Estate Appellate Tribunal to Get Chairperson and Judicial Member in Two Weeks
The Karnataka government has assured the High Court that the vacant posts of Chairperson and Judicial member at the Karnataka Real Estate Appellate Tribunal (REAT) will be filled in two weeks.
Karnataka Real Estate Appellate TribunalReatReraReal Estate Regulation And Development Act2016Real EstateReal Estate NewsAug 08, 2024
The Advocate General, Shashi Kiran Shetty, assured the court that the concerned files have been cleared after suitable recommendations and the appointments will be made in the next two weeks.
The assurance was given while hearing a petition filed by Parkway Homes by SJR Prime Corp Apartment Owner's Association. The association had approached the court seeking an extension of the interim order of no coercive action against them, which was granted earlier.
A single judge bench of Justice M Nagaprasanna was informed by the counsel for the petitioner that the court had disposed of the petition and granted an interim order allowing it to approach the Appellate Tribunal under the Act, to challenge the order passed by RERA. The relief granted was for a period of 12 weeks, which had ended.
However, till now, only an administrative member has been appointed at the Appellate Tribunal. The court had called upon the Advocate General to apprise about the appointment.
The court recorded the submission made by the Advocate General and extended the interim protection order in favour of the petitioners by another four weeks.
Information
The Karnataka Real Estate Appellate Tribunal (REAT) was established under the Real Estate (Regulation and Development) Act, 2016. The tribunal is responsible for hearing appeals against the orders passed by the Real Estate Regulatory Authority (RERA).
The Karnataka government is committed to ensuring that the real estate sector in the state is regulated and developed in a transparent and efficient manner. The appointment of a Chairperson and Judicial member to the REAT is a step towards achieving this goal.
Frequently Asked Questions
What is the Karnataka Real Estate Appellate Tribunal (REAT)?
The Karnataka Real Estate Appellate Tribunal (REAT) is a tribunal established under the Real Estate (Regulation and Development) Act, 2016, to hear appeals against the orders passed by the Real Estate Regulatory Authority (RERA).
What is the current status of the REAT?
The REAT is currently non-functional due to the vacant posts of Chairperson and Judicial member.
When will the appointments to the REAT be made?
The Karnataka government has assured the High Court that the appointments will be made within two weeks.
What is the relief granted to the petitioners?
The court has extended the interim protection order in favour of the petitioners by another four weeks.
What is the role of the REAT?
The REAT is responsible for hearing appeals against the orders passed by the Real Estate Regulatory Authority (RERA).
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