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Homebuyers association Forum For People's Collective Efforts (FPCE) has alleged that over 75 per cent of state real estate regulators are failing to publish mandatory annual reports under the Real Estate (Regulation and Development) Act, 2016. Citing non-compliance with Section 78 of the Act, the group urged the Ministry of Housing and Urban Affairs to issue fresh directions to all state RERA authorities and push state governments to take action under Sections 82 and 83 against erring regulators. FPCE also sought amendments empowering the Centre to remove authorities or members for defying directives, arguing that credible annual data is essential to assess sectoral reforms and protect homebuyers.
Homebuyers body Forum For People's Collective Efforts (FPCE) on Friday alleged that a majority of state real estate regulators are not fulfilling their statutory obligation of publishing annual reports regularly. Advertisement
In a statement, the association highlighted non-compliance with Section 78 of the Real Estate (Regulation and Development) Act, 2016, which mandates the publication of annual reports detailing regulatory performance and sectoral data.
Despite clear statutory obligations and repeated directives from the Ministry of Housing and Urban Affairs, more than 75 per cent of State RERA Authorities across India have either never published annual reports, discontinued publication, or are not up to date, FPCE said.
The association demanded that the ministry issue fresh directions to all RERA authorities to publish annual reports in the prescribed format. It further urged the Centre to ask state governments to invoke powers under Sections 82 and 83 of the Act to take strict action against regulators that fail to comply.
FPCE also proposed the introduction of a new provision empowering the central government to remove any authority or its members if its directions are not followed.
According to the association, the absence of updated annual reports undermines transparency and accountability in the real estate sector. It argued that the data contained in these reports is vital not only for homebuyers to evaluate the credibility of the system, but also for policymakers at both state and central levels.
The data, FPCE said, is necessary to frame effective policies, design incentive schemes and develop tax frameworks for the sector.
FPCE President Abhay Upadhyay said that without credible data demonstrating improvements in delivery timelines, fairness and compliance since the implementation of RERA, claims of reform lack substance.
He alleged that in the absence of accountability, RERA risks becoming merely a marketing tool for developers rather than an effective regulatory safeguard for homebuyers.
The association claimed that seven major states Karnataka, Tamil Nadu, West Bengal, Andhra Pradesh, Himachal Pradesh and Goa have never published a single annual report since RERA came into force.
It further said that nine states, including major real estate markets such as Maharashtra, Uttar Pradesh and Telangana, initially published reports but later discontinued the practice.
Source - PTI
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