NEW DELHI: Delhi real estate regulatory authority (Delhi RERA) in coming weeks will issue new set of guidelines for builders and other stakeholders, informed Anand Kumar, chairman of the authority.
Kumar was speaking at NAREDCO’s Delhi chapter conference held on Thursday. During the conference, Harsh Vardhan Bansal, president, NAREDCO Delhi discussed appointment of various sub committees for Delhi chapter and took feedback and suggestions for the LG task force.
Kumar further stated that there are several builders who are marketing and advertising real estate projects on super built-up area instead of carpet area. “Under the new guidelines, we will enforce that all projects’ advertisement and marketing mentions carpet area. Builders must inform buyers about the actual size of property they are getting,” he said.
RERA chairman said that he is in favour of extending the exemption from GRAP measures to all registered projects and they can give a representation to CAQM for this. “We do not give extensions if the GRAP measures have been applied for less than three days, but if they are more than that, we are willing to extend extensions to projects provided all necessary papers have been submitted.”
He warned builders who are yet to registered projects with Delhi RERA. “We will take strict measures against builders who are yet to register projects with the authority. I will urge NAREDCO Delhi to ask all its members and other builders to register their projects. We are monitoring projects across Delhi and will be taking actions soon.”
Kumar said that the authority is willing to listen to grievances of the real estate fraternity and pass the suggestions to the central government for the betterment of the industry.
Source Homevior.in
