Through RERA Website, the Rajasthan government aims at infusing Confidence among House Hunters in Rajasthan.
Keeping up with the PM’s goal of ‘Affordable Houses for All,’ the Jaipur Development Authority (JDA) has approved several residential colonies in the capital city. In the recent years, residential areas developed by the JDA have attracted a majority of home hunters in Rajasthan, especially in the Pink City. Nevertheless, delayed possession and lack of information regarding JDA-approved colonies turned things sour for prospective buyers. The government came up with an ingenious idea to solve this issue. They made it mandatory for the builders to upload their property details on RERA website.
As per the authorities, uploading details online will fascinate more buyers. Interested clients can access minute details, such as duration of development, power and water supply, roads and other facilities related to JDA housing projects. For those who don’t know, RERA denotes Real Estate Regulatory Authority. Under the RERA Act, all property developers, including the JDA need to register their properties on RERA’s official website along with essential project details.
Back in 2005, the JDA launched 31 housing schemes. The process came to a halt for a couple of years in between. Nevertheless, with Raje-led BJP rising to power in 2013, the civic body had launched many commercial and housing schemes after a gap of four years.
The Plight of Previous Buyers!
Many buyers didn’t construct anything on old JDA-approved plots and colonies. Secondly, the civic body ignored many previously-constructed colonies, despite earning revenue of Rs 700 crores from this scheme. They didn’t spend this money on development. Besides, safety and clean water & electricity supply were major concerns for home buyers in Jaipur.
A plot owner in Saligrampura shared his plight with the media. He bought a plot on resale from JDA two years ago. His family, however, didn’t shift to the new colony due to safety concerns and absence of proper facilities.
How will RERA Registration Help Local Buyers?
According to an official source, the JDA can’t construct colonies in remote regions without seeking NOC (no-objection certificate) from the electricity and water departments. They’ve violated this rule on several occasions. Moreover, it caused disputes between JDA, electricity and water departments. Additionally, the development authority left quite a few colonies unattended, neglecting the customer complaints. RERA: the new ‘revamped’ system has set accountability for civic bodies.
As per the RERA provision, all plotted colonies and homes developed above 500 square-meter area will have to share their details online. Alternatively, the government launched a committee to examine the registration of all projects on RERA website. The registration process will close down before July 31.
After the implementation of RERA, development will occur in a planned manner.