Karnataka Govt Launched RERA Portal

The Karnataka government launched the website for Karnataka Real Estate Regulatory Authority yesterday. The state government notified the Real Estate 
State government have been working on the OnlineRegister RERA Portal website  www.rera.karnataka.gov.in and it may commence from today. As under the RERA Act, it is mandatory for the developers to register their ongoing projects within the window of 90 days from May 1, 2017 and the registration has to be online. A few days left for the RERA Registration for developers, they are hoping that the Center will extend the RERA deadline or it may invite a whale of fine.
The RERA Act states that no builder can advertise its ongoing projects without getting registered under RERA. Since there has been a delay in the online registration for RERA Karnataka website, it is alleged that builders have been advertising the sale of ongoing projects as the sale of residential and new launches have taken a hit across the state.

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