The Tamil Nadu government reconstituted the Tamil Nadu Real Estate Regulatory Authority (TNRERA) and appointed retired Indian Administrative Service (IAS) officer K. Phanindra Reddy as its chairperson.
TNRERA is the state-level authority responsible for implementing the Real Estate (Regulation and Development) Act, 2016 (RERA) in Tamil Nadu.
It regulates the real estate sector, protects homebuyers and promotes transparency in real estate projects and transactions.
Retired bureaucrats Reeta Harish Thakkar and Mythili K. Rajendran, retired district judge S. Kirubaharan Mathuram and retired Public Works Department engineer-in-chief K. P. Sathyamurthy were appointed as members.
The government had earlier superseded TNRERA for six months or until its reconstitution, whichever was earlier, during which K. Phanindra Reddy served as chairperson.