Govt open to make changes in RERA without diluting it

Govt open to make changes in RERA without diluting it
01/09/2017 , by , in News/Views

The housing and urban affairs ministry is open to make certain changes in the real estate regulation rules for effective implementation of the law without diluting the core features aimed to protect consumers.

According to media reports, different stakeholders including from the state governments and regulatory authorities have sought clarity in respect of some provisions of Rera. These include the definition of carpet area, enforcement of liability for workmanship and structural deficiencies, applicability of promoter in cooperative housing societies and the role of regulators in enforcing penalties.

These issues were discussed at a review meeting chaired by housing and urban affairs secretary Durga Shanker Mishra. “The secretary directed the officials concerned to examine in detail the veracity of difficulties and the possibility of addressing them under ‘clause for removing difficulties’ as provisioned in the RERA,” a government official said. According to the ministry, 25 states and Union Territories have notified real estate rules under the Act.

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