Delhi has finally got a full-time real estate regulator under RERA with Lt Governor Anil Baijal appointing retired IAS officer Vijay S Madan to the post.
Until now, the Delhi Development Authority (DDA) vice-chairman was the interim regulator under the Real Estate Regulatory Act (RERA), 2016.
Delhi has already notified provisions of RERA which protects the interest of home-buyers.
Speaking at a workshop on RERA, organised by the Housing and Urban Affairs ministry here, Baijal said, "I am glad to inform the ministry and the minister that yesterday, we have appointed a whole-time regulator."
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