Centre to urge Bengal govt to switch over to RERA

Centre to urge Bengal govt to switch over to RERA
12/06/2018 , by , in News/Views

The Centre will soon send a team to urge the West Bengal government to switch over to the Real Estate Regulatory Act (RERA) to protect home buyers’ interest, a source said.

At a time when the Centre was trying to implement RERA in the country, the West Bengal Housing Industry Regulation Act, 2017 (HIRA), which the state has implemented on its own was opted against RERA.The four-member sub-committee of Central Advisory Council (CAC)and will meet officials of the state to urge them to implement RERA keeping the consumers’ interest in mind.

The central government has set up a CAC to advice on matters concerning the implementation of the RERA. The Minister of State for Housing and Urban Affairs will be the Chairperson of the CAC while it will have eight other members from the central government including Niti Aayog CEO.

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