Kerala Real Estate Regulatory Authority (K-RERA) chairman P.H. Kurian has said that various efforts made to ensure regulatory compliance have paved the way for greater transparency and accountability in the real estate sector.
He was delivering the presidential address at a programme organised here on Friday to felicitate the buyers and builders of the sixth The Hindu Home Expo held in July.
Mr. Kurian said K-RERA has been closely monitoring the progress of each project with most developers largely adhering to the delivery time promised to the customers. Some have even been delivering flats ahead of the expected time. At least 90% of the projects have been progressing in accordance with the prescribed norms, he pointed out.