Almost every State RERA Authority has started functioning to serve the purpose of the Act and ensuring that no provisions are left untouched by the Builders or Developers. In this article we are going to discuss about the functioning of Tamilnadu RERA Authority.
The floating population of Bengaluru is too high due to the raise of IT industries, the development of residential projects were also in a free flow since 2011.
Karnataka had been the second State to implement the RERA Rules within its jurisdiction however the trailblazer has seemed to have lost its steam.
Now a days the smaller developers are consolidating and have started merging with the Tier-1 developers for the sake of surviving into the field.