• Latest
  • Trending
  • All
RERA-registered realty retailers much less than 5% in Punjab

RERA-registered realty retailers much less than 5% in Punjab

January 9, 2022
Green Front Door Design Ideas That Will Inspire You

Green Front Door Design Ideas That Will Inspire You

May 20, 2022
The 10 Most Profitable House Construction Trends for Homeowners

The 10 Most Profitable House Construction Trends for Homeowners

May 15, 2022
Save Time and Money with Trash Bin Cleaning Services Near You

Save Time and Money with Trash Bin Cleaning Services Near You

May 12, 2022
Property Investment Tax Benefits for Small Businesses

Property Investment Tax Benefits for Small Businesses

May 4, 2022
How to Use the Ccleaner Duplicate Finder for Windows

How to Use the Ccleaner Duplicate Finder for Windows

April 23, 2022
Tips To Buy Real Estate for Beginners

Tips To Buy Real Estate for Beginners

March 17, 2022
Shop For The Best Garden Shears Now And Never Cut Back On Gardening

Shop For The Best Garden Shears Now And Never Cut Back On Gardening

February 15, 2022
Texas Group Wants to End Roofing Bill Geared at Protecting Consumers

Texas Group Wants to End Roofing Bill Geared at Protecting Consumers

February 26, 2022
Composite Slate Roofing Market Research 2019 : Segmentation, Key Players, Competitive Landscape Exploration And Forecast 2027

Composite Slate Roofing Market Research 2019 : Segmentation, Key Players, Competitive Landscape Exploration And Forecast 2027

February 3, 2022
Local roofing employer donates new roof for Army veteran

Local roofing employer donates new roof for Army veteran

February 3, 2022
Aluminum Roofing Market Technological Growth 2019-2025 with Types, Applications and Top Companies

Aluminum Roofing Market Technological Growth 2019-2025 with Types, Applications and Top Companies

February 3, 2022
Carlisle SynTec Systems, DowDuPont, Duro-Last

Carlisle SynTec Systems, DowDuPont, Duro-Last

February 3, 2022
  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
Friday, May 20, 2022
  • Login
House Carty
  • Home
  • Real Estate
    • Property Dealers
    • Buying A Property
    • Real Estate Agents
    • Property to Rent
    • Selling Property
    • Property Investment
    • Mortgage
  • Construction
    • Exterior Design
    • Interior Design
  • Home Business
    • Home Improvement
      • Gardening
      • Plumbing
      • Home Decor
        • Painting
        • Furniture
    • Home Inspections
  • Cleaning Services
    • House Cleaning Tips
      • Kitchen
      • Outdoors
      • Roofing
      • Door And Windows
      • Flooring
  • Contact Us
  • Pages
    • Disclaimer
    • Privacy Policy
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • Terms and Conditions
    • DMCA
No Result
View All Result
House Carty
No Result
View All Result
Home Property Dealers

RERA-registered realty retailers much less than 5% in Punjab

by Vicki Horton
January 9, 2022
in Property Dealers
0
0
SHARES
26
VIEWS
Share on FacebookShare on Twitter

Vijay C Roy Tribune News Service Chandigarh, March 4 After one and 1/2 years of establishing Real Estate Regulatory Authority (RERA), Punjab, handiest 1,461 actual estate brokers have registered themselves with authority. With more than 30,000 belongings sellers within the country, the range of registered brokers is much less than 5%.  Concerned over the low registration via brokers, the RERA, Punjab, will compile facts of unscrupulous actual property marketers through their labeled classified ads posted in newspapers and through facts accumulated from the public. The authority is likewise planning to serve them notices.   Currently, all of us can turn out to be an actual estate broking in the nation and throughout the united states of America as no license or certificate is required for the identical.

However, the RERA Act mandates all belongings retailers to register themselves with authority. The registration of sellers was made mandatory to convey clearly to the real estate area, as agents forget about the interest of domestic customers and favor the simplest builders. “The low quantity of registration is a motive for the challenge. Recently, we had an assembly in which it becomes determined that notices will be sent to these assets brokers,” RERA-Punjab member Sanjiv Gupta informed The Tribune. According to rough estimates, there are over 30,000 real estate sellers within the nation. On being asked how the authority will discover the unregistered brokers, Gupta said, “We will track them thru newspaper advertisements, specifically classified ads, and additionally assemble data received from the popular public.”

The RERA, Punjab, has mandated that any dealer who desires to sell flats in a registered mission needs to be registered with the real estate authority. As of now, 1,461 such realty agents have registered with the administration. Any developer who registers his project has to disclose the listing of his agents and that they, in turn, need to be registered with the administration. In Punjab, 655 initiatives are registered with power.  However, a majority of the agents (almost ninety%) are handling re-bought residences or unauthorized colonies, which don’t fall beneath the ambit of RERA. “There is an ambiguity within the Act.

Once the supplier is registered with RERA, he can deal simplest with the registered tasks and not with unregistered ones. So plenty of real estate agents aren’t coming ahead to get themselves registered,” sources stated. In Punjab, there are almost three 000 unauthorized colonies that are not registered with RERA. Many brokers manage such territories and unregistered homes, which is why they don’t need to express themselves.  According to specialists, people distrust belongings agents because of their unprofessional behavior. There is a need to alter these agents because, at instances, intense opposition inside agents in a specific location and an inclination to shut offers result in property retailers hoodwinking ignorant consumers. The Punjab RERA changed into notified on June eight, 2017, and was set up on August 10, 2017.

ShareTweetPin
Vicki Horton

Vicki Horton

Twitter enthusiast. Proud tv guru. Food buff. Student. Travel aficionado. Web trailblazer. Bacon fanatic. Set new standards for promoting jump ropes in the aftermarket. Spent a year working with hula hoops in Las Vegas, NV. What gets me going now is buying and selling cannibalism in Ohio. Spent a year developing jigsaw puzzles in Nigeria. Prior to my current job I was consulting about teddy bears in Phoenix, AZ. Lead a team managing crickets in Hanford, CA.

No Result
View All Result

Today Trending

  • Cynthia Beck, Gordon Getty’s Mistress: five Fast Facts You Need to Know

    Cynthia Beck, Gordon Getty’s Mistress: five Fast Facts You Need to Know

    0 shares
    Share 0 Tweet 0
  • Damp Proofing An Existing Home

    0 shares
    Share 0 Tweet 0
  • Best DTH in India

    0 shares
    Share 0 Tweet 0
  • How To Put Your Bedroom Set To Work

    0 shares
    Share 0 Tweet 0
  • Additional proprietors for Seattle’s NHL team consist of Wonder Woman’s husband, ‘hero’ attorney and Beyoncé domestic customer

    0 shares
    Share 0 Tweet 0

Popular Post

Green Front Door Design Ideas That Will Inspire You

Green Front Door Design Ideas That Will Inspire You

May 20, 2022
The 10 Most Profitable House Construction Trends for Homeowners

The 10 Most Profitable House Construction Trends for Homeowners

May 15, 2022
Save Time and Money with Trash Bin Cleaning Services Near You

Save Time and Money with Trash Bin Cleaning Services Near You

May 12, 2022
House Carty

Copyright © 2022 Housecarty | All Rights Reserved

Navigate Site

  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Home
  • Real Estate
    • Property Dealers
    • Buying A Property
    • Real Estate Agents
    • Property to Rent
    • Selling Property
    • Property Investment
    • Mortgage
  • Construction
    • Exterior Design
    • Interior Design
  • Home Business
    • Home Improvement
      • Gardening
      • Plumbing
      • Home Decor
    • Home Inspections
  • Cleaning Services
    • House Cleaning Tips
      • Kitchen
      • Outdoors
      • Roofing
      • Door And Windows
      • Flooring
  • Contact Us
  • Pages
    • Disclaimer
    • Privacy Policy
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • Terms and Conditions
    • DMCA

Copyright © 2022 Housecarty | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In