Staff shortage in Tamil Nadu RERA delays project registrations

The RERA Act mandates registration of all ongoing housing projects with a minimum of eight units and 5000 sq ft including housing plots and layouts meant for sale. 

Chennai: Builders and developers are complaining that their projects are delayed as staff shortage, this is effecting to the registration of housing projects with the Tamil Nadu Real Estate Regulatory Authority (TNRERA).

Following concerns over lack of staff slowing the registration process, the real estate regulator is formalising service rules to appoint permanent workers.

As per sources, Registration of housing projects with TNRERA consumes a minimum of two months. Registration is crucial because of housing projects would qualify for loans only after the project is approved by RERA. Besides housing units cannot be sold to customers without TNRERA number.

We have done 3 registration in the last two years and an acute shortage of staff is affecting speedy disposal of the application said by developer

TNRERA’s registration dipped this year with 256 housing projects under its ambit till September 4, while 380 projects were recorded during the corresponding period of 2018. 

Though TNRERA holds 26 sanctioned posts, it only has a handful of workers on payrolls with retired officials of the Chennai Metropolitan Development Authority has been appointed in senior positions. 

Confederation of Real Estate Developers’ Association of India (CREDAI) TN chairman, S Sridharan, said the developer’s body got complaints from their members over delay in registrations with the TNRERA. “The authority needs need set a deadline for registrations,” they said.

K Gnanadesikan, chairperson of TNRERA, said incomplete applications, which is a lacuna on part of developers, were the main reason for delays. 

“Moreover, there is no dip in registrations because we are receiving a fewer number of applications this year compared to 2018. So far, more than 1100 projects have been registered across TN, since the beginning of TNRERA in June 2017,” he added.

Image source Google.

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