Bihar RERA Invites Jharkhand Builders to Invest in Bihar's Real Estate Sector

Ranchi, April 22: Bihar RERA Chairman Vivek Kumar Singh said that Bihar is progressing rapidly towards development and there are vast opportunities for residential projects in the state. Private sector participation can better fulfill the housing needs of the common people.

Key Highlights

Event: 'RERA Bihar se Rubaru' held in Ranchi
Purpose: To inform Jharkhand builders and potential homebuyers about opportunities in Bihar and the transparent systems implemented by RERA
Attendees: Jharkhand Development Commissioner Ajay Kumar Singh, Jharkhand RERA Chairman Birendra Bhushan, builders, and prospective homebuyers

Simplified Registration Process

Vivek Kumar Singh said that the authority has implemented a filter-based system to simplify the project registration process, reducing difficulties for promoters in document submission and approval. If builders submit all required documents correctly, the authority adopts a positive and cooperative approach.

Commitment to Homebuyer Protection

RERA Bihar is not only committed to promoting investment but also fully dedicated to protecting homebuyers' interests. Strict action is taken against any irregularities or violation of consumer interests.

Jharkhand Officials' Appreciation

Ajay Kumar Singh, Jharkhand Development Commissioner, praised Bihar RERA's working style and suggested that Jharkhand RERA should also take similar effective steps for homebuyer protection.

Birendra Bhushan, Chairman of Jharkhand RERA, said that Bihar RERA's work is being appreciated at the national level. The information gained from this program will be implemented in Jharkhand.

Consumer Awareness

Sanjay Singh, Investigation Commissioner of Bihar RERA, emphasized that before investing in any project, buyers must check its RERA registration. Two short films were also screened to raise awareness, followed by an open session addressing participants' queries.