RERA Karnataka to appoint private entity to find out unregistered projects in the state


KRERA is planning to appoint a private entity to identify unregistered project in the State. The private entity firm will find out the ongoing projects and new launches which are not registered in RERA yet. KRERA has issued tenders for invitation of application for appointment of consultancy. The private entity will be submitting a detailed report to the authority by conducting ground level survey for identification of unregistered projects. “We are planning to execute the project on a trial basis for a month,” said P Sunil Kumar, secretary, RERA. RERA was using the plan sanction certificates issued by BBMP as preliminary information and was planning to send the surveyor to the address for physical verification. “We will scale up the project with more effective tools and expand it to the rest of Karnataka gradually,” said Kumar. 

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  1. This comment has been removed by the author.

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  2. The Real Estate Act provides for establishment of a specialized body in each State for resolution of disputes related to Real Estate. The aggrieved party, either the promoter or the real estate agent can file a RERA complaint online for contravention of the provisions of the Act or for the non-performance of obligations mentioned under the Act before the Authority

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  3. Shares in a Public Limited Company can be freely traded and sold to the public and have limited liability. It is necessary to have at least three directors, seven shareholders, and a paid-up capital of *5 lakhs to convert a private company to a public one under the Companies Act 2013.

    Convert a Private to Public Limited Company

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  4. You need to follow these steps if you intend to convert your private limited company into a public limited company. Public limited companies can offer many benefits and new opportunities to your private limited company.
    Private to public company

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