Saturday, April 18, 2015

Real Estate Regulatory Bill: Close To The Finish Line

The Real Estate (Regulation and Development) Bill approved by the Union Cabinet chaired by the Indian Prime Minister Narendra Modi is a pioneering initiative to protect the interest of consumers, promote fair play in real estate transactions and ensure timely execution of projects. The Bill provides for a uniform regulatory environment, to protect consumer interests, help speedy adjudication of disputes and ensure orderly growth of the real estate sector.