India, Feb. 14 -- Alleging that several state real estate regulators are failing to meet their statutory obligation of publishing annual reports regularly, homebuyers' body Forum for People's Collective Efforts (FPCE) said on February 13 that over 75% of state RERA authorities across India have either never published annual reports, discontinued them, or are not up to date.

The forum said that unless there is credible data to show that the sector has improved post-RERA in terms of timely delivery, fairness, and adherence to commitments, "we are merely firing in the air. Innocent homebuyers will continue to be taken for a ride, this time aided by RERA."

It said that in the absence of reliable annual report data, awareness programmes crea...