Summary:
more-inThe much sought after Real Estate Regulation Authority (RERA), the realty watchdog, is likely to take some more time for commencing full-fledged operations. “The Real Estate Authority would start receiving applications for registration once the Chief Minister gives his consent. Since this would be a long drawn process, the department had decided to ensure that the Municipal Administration Secretary holds the charge. Officials of the Municipal Administration Department are said to have worked out a model wherein the Municipal Administration Secretary would be entrusted with the responsibility to discharge the functions of the authority till such time the full body is put in place. We are hopeful that the file will be signed soon,” a senior official said..