RERA chairman asks builders to follow statutory norms strictly

The Andhra Pradesh Real Estate Regulatory Authority (RERA) president Are Siva Reddy connected Wednesday asked each builders to conception residential and commercialized projects and others aft obtaining indispensable permissions from RERA and arsenic per the norms. He assured them that RERA volition wide each files wrong the stipulated clip period.

Speaking astatine an consciousness programme organised by RERA successful Vizianagaram, helium said that RERA authorities would not enforce fines if builders followed the norms and upload indispensable documents for permissions wrong the stipulated clip period.

Mr. Siva Reddy erstwhile State president of the Confederation of Real Estate Developers Association of India (CREDAI) widen his enactment towards the improvement of the existent property assemblage successful the State. CREDAI subordinate U.S.L.N. Kameswara Rao said that the authorities established RERA to guarantee transparency successful operation enactment and support the interests of buyers arsenic good arsenic builders.