Our long wish to have an individual
government authority for real estate in India has already been fulfilled by
Real Estate Regulatory Bill of 2013 which has brought RERA (Real Estate
Regulatory Authority). With RERA now spreading its power across all states in
India till next year, we have already been introduced to a high-level functioning of real estate
consisting of transparency and easy governance.
This was regarding the
functioning, but Real Estate Regulatory of India is smart enough to bring
another body, Appellate Tribunal which will be a side kick to RERA giving
assistance in providing justice to an association of a society or an individual
complaint.
The RERA Appellate Tribunal will be a core authority consisting of Chairperson and few other high ranking officials. The best thing about this Appellate Tribunal is that it will have the same imposing powers as those of civil courts in India. The complaints can have a more direct and quick resolve as a special real estate civil court is now present. A grievance will be heard within 60 days of the notification given to the tribunal.
If somehow, it is unable to reply to the appeal made inside 60 days,
then Appellate Tribunal would be liable to give a written clarification for the
delay. The decision made by this tribunal cannot be overruled unless a high
court or Supreme Court says otherwise. RERA Appellate Tribunal will bring a new
phase of justice to the grievant parties of real estate of this country.
Thanks for sharing, very useful information.
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