• Project registrations see 24% annual jump – from 43,208 projects as on July-end 2019 to nearly 53,364 projects presently
• Agent registrations touch 41,143 in July 2020 – 20% increase in a year
• In over 3 years, UP sees max. disposal of real estate complaints at 18,509 cases; Haryana with 9,919 & Maharashtra with 7,883
• UP saw just 5% yearly rise in project registrations as against Tamil Nadu which saw a 54% jump, Karnataka 25% & Maharashtra 18%

After three years since its implementation, RERA is becoming the force it was envisioned to be – especially in disposing of consumer complaints across different states and UTs. As many as 48,556 cases were disposed of by the respective state authorities as of July 2020, according to data by the Ministry of Housing and Urban Affairs. Out of this, nearly 57% cases or approx. 27,581 complaints were resolved in the last one year alone.

Uttar Pradesh takes the lead with as many as 18,509 cases disposed of by the UP RERA authorities so far, against a mere 5,989 cases a year ago. Haryana is at a distant second with nearly 9,919 cases disposed of currently as against 3,123 cases in the corresponding period of 2019. Maharashtra’s MahaRERA has so far disposed of nearly 7,883 cases.

One of RERA’s primary functions is addressing real estate consumers’ grievances. In a bit over three years since RERA implementation, the authorities of various state and UTs have resolved over 48,556 consumer complaints. Project and agent registrations have also increased perceptibly in a year – with nearly 24% and 20% respectively.

Project & Agent Registrations

The 24% growth in project registrations under RERA in a year pertains to around 43,208 projects by the end of July 2019 to nearly 53,364 projects as of date. The States with maximum project registrations currently include Maharashtra, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, Telangana and Tamil Nadu. Cumulatively, these seven states account for a significant 85% share with nearly 45,278 registered projects. Maharashtra tops the list with nearly 25,604 project registrations.

Interestingly, UP has seen the least annual growth of 5% in project registrations. In July 2019, around 2,676 projects were registered in the state – currently, the number stands at approx. 2,818 projects. Evidently, developers in the state were more focused on project completions than on new launches.

Among these top 7 states, Telangana saw the highest yearly growth of 79% in project registrations – from 1,064 projects in July 2019 to over 1,902 projects now. Tamil Nadu recorded a 54% yearly jump – as on July 2019, the state has 1,064 projects registered which have increased to 1,635 projects this year.

In terms of agent registrations, there has been a 20% increase in a year – from 34,182 registered agents towards July-end 2019 to nearly 41,143 agents as of July 2020.

High-scoring States

Maharashtra is the frontrunner with the maximum number of project and agent registrations, setting a high benchmark for other states to emulate.

MahaRERA continues to be the ‘poster-child’ of RERA implementation:

• As on 4th July 2020, Maharashtra saw the registration of 25,604 projects and 23,999 agents.
• Gujarat saw 7,210 projects and 1,178 agents registered.
• In Karnataka, 3,446 projects and 1,916 agents have been registered as of July 2020
• In Uttar Pradesh, 2,818 projects and 3,808 agents have been registered.
• Madhya Pradesh saw total registrations of 2,663 projects and 677 agents.
• Other states catching up in project registrations include Chhattisgarh, Rajasthan, Tamil Nadu and Telangana which saw 1,142, 1,243, 1,635 and 1,902 projects registered respectively.

State/UT		Registered Projects in July-end 2019		Registered Projects in July 2020		Registered Agents in July-end 2019		Registered Agents in July 2020		Total Cases Disposed in July-end 2019		Total Cases Disposed in July 2020
Andaman & Nicobar Island		1		1		19		21		0		0
Andhra Pradesh		454		960		59		101		87		133
Arunachal Pradesh		–		–		–		–		–		–
Assam		91		146		13		13		0		10
Bihar		666		894		149		281		83		192
Chandigarh		3		3		14		14		0		0
Chhattisgarh		1031		1142		387		485		420		745
Dadra & Nagar Haveli & Daman & Diu		105		113		2		2		0		0
Delhi		16		22		122		224		42		77
Goa		416		577		159		208		14		35
Gujarat		5819		7210		986		1178		1074		1912
Haryana		627		740		1553		1886		3123		9919
Himachal Pradesh		32		56		26		48		3		80
Jharkhand		103		415		4		4		11		61
Karnataka		2753		3446		1559		1916		1369		2221
Kerala				131				39				8
Madhya Pradesh		2214		2663		581		677		1959		3279
Maharashtra		21742		25604		20841		23999		5028		7883
Manipur		–		–		–		–		–		–
Meghalaya		–		–		–		–		–		–
Mizoram		–		–		–		–		–		–
Nagaland		–		–		–		–		–		–
Odisha		285		374		49		63		683		873
Punjab		733		891		1685		2050		426		800
Rajasthan		1051		1243		990		1489		104		305
Sikkim		–		–		–		–		–		–
Tamil Nadu		1064		1635		835		1241		295		1120
Telangana		1063		1902		800		1095		0		0
Tripura				16				2				0
Uttar Pradesh		2676		2818		3087		3808		5989		18509
Uttarakhand		247		279		260		296		265		393
Lakshadweep		–		–		–		–		–		–
Puducherry		16		83		2		3		0		1
West Bengal		–		–		–		–		–		–
Total		43208		53364		34182		41143		20975		48556

COVID-19 Impact: State RERAs Extend Project Deadlines

Given the unprecedented circumstances wherein the pandemic-induced lockdown more or less completely halted overall construction activity, as many as 23 state RERAs announced a 6-months completion extension for projects whose delivery was scheduled on or after March 24.

Further, state RERAs also have the discretion of proving additional leeway of three months, considering local conditions. Since construction activity will still take a while to resume normally because we are still in the midst of the crisis, delays in project deliveries are unavoidable.