Number of units registered under West Bengal Housing Industry Regulation Act (WBHIRA) has doubled in just over one year. This was disclosed on Friday by state housing minister Chandrima Bhattacharya who was the chief guest at Home Front 2020, organised by Credai Bengal in association with The Times of India.
Bhattacharya said that 61,000 projects, including existing inventories and new projects, were registered under HIRA till December 31, 2018. The number of projects has jumped to 1.23 lakh by January 31, 2020.
“This is a major achievement. HIRA is the best property act in the country. It is most transparent and has instilled confidence among home buyers,” she added. Housing secretary O S Meena pointed out that registration under HIRA is no longer restricted to the project in Kolkata only.
Apart from the city, there are registrations from North 24 Parganas, South 24 Parganas, Hooghly, Howrah, Burdwan and Siliguri as well.
Meena said that under HIRA, all the problems have been resolved within the stipulated period of 60 days. There were 225 complaints, out of which 160 have been disposed.
“Most of the complaints are from old projects. The number of complaints for the projects registered under HIRA is less,” he added. Earlier, Bhattacharya had asked all the real estate developers, including the brokers, to register under the act. “Even our Housing Board is registering its projects under HIRA,” she added. Now 815 real estate projects are registered under the act. The president of Credai Bengal, Nandu Belani, said that there have been several landmark legislations over the past three years which have altered the way real estate is transacted.