Summary:
“Bankers are asking for RERA registration before sanctioning loans for housing projects, which helps with more registrations,” shared an official. After the deadline for registrations, the RERA web portal will display all the registered projects location-wise, along with details, for citizens’ convenience. Addressing an awareness programme held by the HMDA and CREDAI, Mr.
Balakrishna said, the entire process of project registration has been made online. more-inRefusal by banks to grant loans for projects not registered with the RERA (Real Estate Regulatory Authority) is driving more developers and builders to register their projects with the authority. GHMC website has begun to run a scroll on their respective websites, cautioning builders to register with RERA..