‘High time’ to revisit RERA functioning; SC 'Not doing any other service except facilitating builders in default', SC says high time to revisit RERA
NEW DELHI: The Supreme Court has orally expressed strong disapproval over the functioning of the Real Estate Regulatory Authority (RERA) in several states, remarking that it was “high time” that the governments revisited their decision to constitute the regulatory body.
The observation came from a Bench of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi as it heard a special leave petition (SLP) filed by the Himachal Pradesh government challenging an order of the HP High Court, which had stayed the decision to shift the RERA office from Shimla to Dharamsala.
During the hearing, the CJI Kant-led Bench remarked that RERA was “not doing any other service except facilitating builders in default”, and said that the very purpose for which the authority was created appeared to have been defeated.
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