Central Advisory Council Advances Real Estate Regulation
The Central Advisory Council (CAC) under the Real Estate (Regulation and Development) Act, 2016 (RERA) recently convened its fifth meeting in New Delhi, marking a significant milestone—eight years since the implementation of RERA. This meeting not only highlighted the achievements of RERA so far but also laid the groundwork for the future of real estate regulation in India. From the launch of the Unified RERA Portal to discussions on stalled projects, the CAC’s agenda focused on enhancing transparency, boosting buyer confidence, and ensuring uniformity across states and union territories.
Overview
Since its inception in 2016, RERA has revolutionized India’s fragmented and opaque real estate landscape. Its primary goal has been to protect homebuyers, bring transparency to the sector, and establish a regulatory authority in each state and UT.
| 5th CAC Meeting | |
| Key Area | Developments and Actions |
| RERA’s 8-Year Milestone | 35+ RERA authorities, 1.5 lakh projects registered |
| Unified RERA Portal | National database, AI integration for project tracking |
| Stalled Projects | Kant committee recommendations are under implementation |
| Regulatory Efficiency | Faster registration, a central oversight committee proposed |
| Future Reforms | Focus on transparency, uniformity, and digital transformation |
Key achievements over the past eight years include:
- 35 States/UTs have established RERA authorities
- Over 1.5 lakh real estate projects registered
- More than 1 lakh real estate agents brought under regulation
- Nearly 1.5 lakh complaints resolved by RERA authorities
- Formation of Appellate Tribunals and appointment of Adjudicating Officers across States
These figures reflect RERA’s growing influence and the central role of the Central Advisory Council in shaping its success.
Unified RERA Portal
One of the most important announcements during the 5th CAC meeting was the launch of the Unified RERA Portal. This integrated platform aggregates real estate data from various state RERA websites into a single national database.
Benefits of the Unified RERA Portal:
- One-stop platform for project and agent information
- Enhanced decision-making power for homebuyers
- Real-time monitoring of project progress across India
- Use of Artificial Intelligence to detect delays and reduce the risk of stalled developments
This portal marks a significant advancement in digital governance and regulatory oversight, establishing a new standard for transparency in the Indian real estate sector.
Tackling Stalled Projects and Legacy Issues
Stalled projects have long plagued the Indian real estate industry, eroding buyer trust and causing financial distress. In this meeting, the Council reviewed the recommendations made by a committee led by Shri Amitabh Kant, aimed at reviving these troubled developments.
Highlights from this discussion include:
- Uttar Pradesh has successfully implemented the Kant committee’s measures
- Other States and UTs have been urged to replicate the model
- Standard Operating Procedures (SoPs) proposed to expedite project revival
- Focus on completing delayed projects and restoring trust between buyers and developers
This approach demonstrates the Council’s commitment to sector-wide revival and confidence-building among stakeholders.
| Also Read: Maharashtra Labour Law Amendments 2025 |
Improving Regulatory Efficiency and Uniformity
Another key focus of the Central Advisory Council meeting was on reducing inefficiencies in the regulatory process. Despite progress, bottlenecks persist in project registration, approval timelines, and compliance with RERA orders.
Recommendations by the Council:
- Streamlined registration processes to cut down delays
- Uniform application of RERA rules across all States and UTs
- Formation of a central regulatory coordination committee under the Ministry of Housing and Urban Affairs
- Encouraging digital adoption and process automation in State RERA bodies
The emphasis was clear: a consistent and efficient regulatory environment is essential for real estate growth and investor confidence.
Future Reforms and Sector Development
While acknowledging RERA’s success so far, the CAC called for a forward-looking approach. The Council agreed on conducting a comprehensive review of RERA’s implementation and identifying areas for improvement.
Proposed future actions:
- Stakeholder consultations to collect on-the-ground feedback
- Development of next-generation reforms for deeper transparency and accountability
- Policy innovation to adapt to the evolving real estate market
- Greater focus on sustainable development and digital transformation
The roadmap ahead is designed to future-proof the Indian real estate sector while ensuring that homebuyer interests remain central.
| Join WhatsApp Channel | Join Now |
| Join Telegram Channel | Join Now |
The Central Advisory Council plays a pivotal role in ensuring the success of RERA and guiding the Indian real estate sector towards maturity. With the launch of the Unified RERA Portal, proactive measures to address stalled projects, and a strong push for future reforms, the Council is paving the way for a transparent, efficient, and homebuyer-friendly real estate ecosystem.
As we step into the next phase of regulation and development, it’s clear that collaboration between States, regulators, and stakeholders will be the key to sustaining this momentum.
Frequently Asked Questions (FAQs)
What is the Central Advisory Council under RERA?
The Central Advisory Council (CAC) is a statutory body under the Real Estate (Regulation and Development) Act, 2016. It advises the Central Government on implementing RERA, improving regulatory mechanisms, and resolving sector-wide challenges.
What is the Unified RERA Portal?
The Unified RERA Portal is a centralized platform launched by the Ministry of Housing & Urban Affairs. It integrates data from State RERA authorities, providing a national-level view of real estate projects and agents. It improves transparency and enables better decision-making for homebuyers.
How has RERA improved the real estate sector?
RERA has made the sector more transparent, protected homebuyer rights, and introduced accountability for builders and agents. Over 1.5 lakh projects have been registered, and regulatory authorities across India have disposed of thousands of complaints.
What steps are being taken to address stalled real estate projects?
The Central Advisory Council is implementing recommendations from the Amitabh Kant committee, encouraging states to adopt standard operating procedures for project completion, and ensuring fast-track approvals and enforcement actions to revive delayed developments.