Multiple Housing and real estate firms to be appointed

Multiple Housing and real estate firms to be appointed
26/08/2016 , by , in News/Views

A proposal to appoint multiple housing regulators is under consideration after a lot of complaints of unfair practices by flat buyers are being registered in Maharashtra.

According to the plan, Mumbai may get its own housing regulator. After the RERA bill came into being on May 1, 2016, the state government is in the process of making rules and putting the institutional infrastructure to protect the interest of home buyers.

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