KARNATAKA RERA Introduces SOP to Strengthen Enforcement of RERA Orders

 

Bengaluru: The Karnataka Real Estate Regulatory Authority (K-RERA) has introduced a Standard Operating Procedure (SOP) to streamline compliance and enforcement of its orders, particularly when developers or other parties fail to implement the Authority's directions.

The new SOP establishes a formal process for enforcing unimplemented RERA orders, including the filing of execution petitions through the K-RERA portal. In cases involving monetary claims, applicants may also be required to submit an updated calculation of the amount due.

Under the procedure, a party against whom an order has been passed may be given an additional opportunity to comply. If non-compliance continues, K-RERA can proceed with further enforcement measures.

A key feature of the SOP is the provision for obtaining asset details of a defaulting party in monetary cases. The judgment debtor may be directed to submit an affidavit containing details of bank accounts, investments, movable assets and immovable properties. The decree holder can also provide information about assets known to them.

If the order continues to remain unpaid, the Authority can initiate further recovery proceedings through the appropriate revenue authorities.

The move comes amid concerns over delays in implementing RERA orders. Recent proceedings before the Karnataka High Court have also highlighted the need for an effective system to enforce K-RERA awards and recovery certificates.

The new SOP is expected to provide greater clarity, accountability and a defined enforcement mechanism for homebuyers who have obtained favourable orders but are still awaiting compliance or recovery.

For homebuyers, the procedure creates a clearer route from obtaining a RERA order to pursuing its actual implementation.

By : The Realty Times — Real Estate News, Property Insights & Market Updates