PANAJI: The ministry of urban development has been given charge of the Real Estate Regulatory Authority (RERA), including framing of rules and appointment of the regulatory authority and appellate tribunal under the Real Estate (Regulation and Development) Act, 2016.
The decision to hand over charge of RERA to the urban development ministry from the ministry of town and country planning was taken by the council of ministers at the cabinet meeting held on Wednesday.
“The ministry of urban development has been made the parent body for the RERA,” minister for urban development Francis D’souza said.
TOI had reported on April 25 that the state department had initiated a process to identify the nodal department for RERA and that as an interim measure, the secretary for urban development had been decided to head the RERA ad-hoc committee.
“Since in the government of India, the real estate regulatory authority is allocated to the ministry of urban development, it is proposed to allocate RERA under the department of urban development by inserting a new entry under the allocation of the business rules,” secretary for General Administration Ranbir Singh said in the cabinet note.