Rakesh Singh Appointed as New Chairman of Karnataka RERA
ECONOMY & POLICY

Rakesh Singh Appointed as New Chairman of Karnataka RERA

Rakesh Singh has been appointed as the new Chairman of the Karnataka Real Estate Regulatory Authority (RERA). With this appointment, Singh is expected to drive Karnataka RERA's mission to enhance transparency and efficiency in the real estate sector, ensuring better regulation of property projects and safeguarding homebuyers' interests.

Singh, a seasoned bureaucrat, brings a wealth of experience in administration and governance. His expertise in handling key roles in various government sectors is anticipated to benefit Karnataka RERA as it faces increasing challenges in the real estate market. The state?s real estate sector has seen significant growth, and the need for strict regulation and monitoring is paramount to avoid malpractices and ensure timely project completion.

Under his leadership, the Karnataka RERA is expected to strengthen its enforcement of existing rules and introduce reforms to further streamline the real estate approval and registration process. RERA?s role in addressing grievances of homebuyers and ensuring that real estate developers comply with legal obligations is crucial for building consumer confidence in the sector.

Rakesh Singh?s appointment comes at a time when the real estate market in Karnataka is experiencing rapid expansion, making it essential for RERA to maintain a strict regulatory framework. His leadership is likely to set new benchmarks for transparency and accountability in the sector.

Rakesh Singh has been appointed as the new Chairman of the Karnataka Real Estate Regulatory Authority (RERA). With this appointment, Singh is expected to drive Karnataka RERA's mission to enhance transparency and efficiency in the real estate sector, ensuring better regulation of property projects and safeguarding homebuyers' interests. Singh, a seasoned bureaucrat, brings a wealth of experience in administration and governance. His expertise in handling key roles in various government sectors is anticipated to benefit Karnataka RERA as it faces increasing challenges in the real estate market. The state?s real estate sector has seen significant growth, and the need for strict regulation and monitoring is paramount to avoid malpractices and ensure timely project completion. Under his leadership, the Karnataka RERA is expected to strengthen its enforcement of existing rules and introduce reforms to further streamline the real estate approval and registration process. RERA?s role in addressing grievances of homebuyers and ensuring that real estate developers comply with legal obligations is crucial for building consumer confidence in the sector. Rakesh Singh?s appointment comes at a time when the real estate market in Karnataka is experiencing rapid expansion, making it essential for RERA to maintain a strict regulatory framework. His leadership is likely to set new benchmarks for transparency and accountability in the sector.

Next Story
Infrastructure Urban

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors

India's construction equipment industry is experiencing significant growth, fueled by rapid infrastructure development, expanding mining activities, and increasing urbanisation. bauma Conexpo India will bring together leaders, global players and decision-makers from the international trade fair for construction machinery, building material machines, mining machines and construction vehicles under one roof. The exhibition will host its biannual event at the India Expo Centre, Greater Noida  from 11 to 14 December 2024.In 2023, the exhibition attracted 41,108 participants as well as 601 exh..

Next Story
Infrastructure Urban

Our commitment to excellence and innovation drives our success

In India's dynamic industrial landscape, Gmmco, a comprehensive solutions provider across the construction, resources and energy transportation industries, stands as a testament to innovation. As a powerhouse of the CK Birla Group with a legacy spanning over five decades, the company has evolved from a traditional equipment supplier to a full-spectrum solutions provider, prioritising technology, innovation and sustainability. Its distinctive approach includes rental solutions, used equipment options, financing support, rebuilt options and tailored product support solutions, setting new benchma..

Next Story
Infrastructure Urban

Vedanta plans $2 billion investment in Saudi Arabia copper projects

Vedanta announced its plan to invest $2 billion in major copper projects in Saudi Arabia. Vedanta Copper International, a wholly-owned subsidiary of the company, has signed an agreement with Saudi Arabia's Ministry of Investment and Ministry of Industries & Mineral Resources. The agreement outlines the establishment of a greenfield copper smelter and refinery with a capacity of 400 kilo tonnes per annum (KTPA) and a 300 KTPA copper rod project. According to the company, this collaboration aligns with Saudi Arabia's Vision 2030 and aims to invest $2 billion in significant copper projects withi..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000