Chennai:
Tamil
Nadu Real Estate Regulatory Authority (TNRERA) has registered manually
more than 100 projects as the deadline for registering projects under
the the Real Estate (Regulation and Development) Act, 2016 came to an
end on July 31, 2017.
A top official of TNRERA said that the whole process was done manually as the website is yet to yet to be developed.
“The
rules were notified recently and it requires lot of approval to put in
place the website. We are trying to set it up in the next couple of
weeks,” the official said.
“We
are accepting the applications manually and will screen them. This is
being done after Union government has asked us to manually register the
applications,” the official said.
The uploading of all registered applications will take time, the official said.
Interestingly,
the projects are being manually registered by former Chennai
Metropolitan Development Authority officials who are now the
office-bearers of Real Estate Regulatory Authority. The office of TNRERA
is functioning along with that of Andaman and Nicobar Islands in the
premises of CMDA.
Experts
alleged that the vouched transparency in real estate suffered a blow as
buyers are being kept in the dark on the details about projects being
registered as all the registrations are being done manually.
High
Court appointed Monitoring Committee member of Chennai Metropolitan
Development Authority M G Deivasahayam said that, “Confusion is the
first law of corruption. It has to be done online. There is a hidden
agenda,” he said.
Deivasahayam
also hit out at the recruitment of former CMDA officials in RERA. “It
is like catching the regulator. The regulator has to be independent. Now
CMDA will be dictating terms to RERA. It will function as an arm of
CMDA,” he said.
Interestingly,
planners have cited examples and pointed out how CMDA took control of
Koyambedu Market and Iron and Steel Market which was to function
independently under the marketing management committee (MMC) as per
Specific Commodities Act. However, the powers of both the markets were
diluted with CMDA controlling the entire market.
A
top TNRERA official defended the move to hire former CMDA officials
stating that they have the expertise but Deivasahayam dismissed it as
“Jugaad.”
Confederation
of Real Estate Developers Association of India (CREDAI) president
Suresh Krishn said that most of the developers have submitted the
applications manually as the website faced technical glitches.
Factfile:
1. Real Estate (Regulation and Development) Act, 2016 was notified only on June 22
2. The state government failed to act until the Centre ticked the officials off to carry out the registration manually on July.
3. As a result, the authority started manually registering the projects.
4. A
website was created only a week later and this failed to function
properly after the housing secretary set the deadline to July 31
sparking protests from the developers.
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