After Maharashtra, Karnataka is the second most active state in the implementation of the Real Estate (Regulation and Development) Act (RERA) rules. The Karnataka government had launched an online portal for registration and filing complaints under RERA, and a regulatory authority for smooth execution of rules in the state.
As per the latest information (as on August 06, 2018) available on the Karnataka RERA website, about 1,255 realty agents have applied for registration under the Act. Further, applications of 2,435 projects have been submitted to the portal. Of these, 1,970 projects have been successfully registered with the regulatory authority.
Meanwhile, a total of 1,069 real estate agents have been registered under Karnataka RERA.
List of Karnataka RERA project applicants - Click to Download
List of Karnataka RERA agent applicants - Click to Download
List of Karnataka RERA approved projects - Click to Download
List of Karnataka RERA approved agents - Click to Download
Apart from these approved listing, the Karnataka RERA has rejected several ongoing real estate projects as well. So far, the regulatory authority has rejected 173 ongoing projects across the State.
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Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.