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How Real Estate Bill impact builders and buyers..
Q: Hi everybody!
I want to know the impact of Real Estate Bill on both Builders and Developers

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Latest Answer: What real estate analysts' view on Real Estate (Regulation and Development) bill?
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Cabinet approved for amendments to Real Estate Bill
Q: Good news for property buyers! The Union Cabinet has approved the Real Estate Development and Regulation Bill along with certain key amendments.

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Latest Answer: But decision is yet to come Kaushik.....and hoping for the best... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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the Real Estate Regulation & Development Bill of 2013 is taking final shape for approval.
Q: The Real Estate (Regulation & Development) Bill, 2013, drafted by the last union government has submitted for few changes and is now in final stages of being presented for approval by the present government.

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Latest Answer: But decision is yet to come.....and hoping for the best... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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Real estate regulation Bill coming soon, says Venkaiah Naidu
Q: The NDA Government is planning to introduce a extensive real estate regulation bill to protect the interests of the buyers as well as to regulate the industry

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Latest Answer: But decision is yet to come Subramanya sir.....and waiting for the finger crossed... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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Union budget is on the way, 1939 Delhi colonies regularized.
Q: I saw in news , the Cabinet extended the cut-off date to be eligible for regularization from March 2002 to June 2014. Can anyone give clear idea about this?

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Latest Answer: Hi Mr Akash, As per Urban Development Minister, we took this matter to Cabinet after holding rounds of meetings with DDA, Lt Governor, Delhi government, MPs from Delhi and three municipal corporations. I also held meeting with law secretary and UD secretary prior to firming up this proposal. First, we gave three years' protection to all such colonies from demolition and sealing. Then we got Cabinet approval to regularize them. It will take some time for regularization, but we will do it.
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Real Estate Regulation Bill
Q: I heard about real estate regulation bill, that the centre is hoping to bring in the twin states of Telengana and Seemandhra. Is this true guys? Will this bill be in favour of the buyers or the builders?

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Latest Answer: Good evening friends!!!!! It is noted that the Housing Ministry has accepted a proposal of a Parliamentary panel's recommendation on the Real Estate Bill to make the provisions stricter and increase the 50% threshold but not lower it. The Housing and Urban Poverty Alleviation ministry has also accepted all 38 recommendations made by the 21-member Rajya Sabha select committee which submitted its report last week.
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Real Estate bill updates
Q: Any updates of Real estate bill..?

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Latest Answer: Hey folks...... It is noted that the Housing Ministry has accepted a proposal of a Parliamentary panel's recommendation on the Real Estate Bill to make the provisions stricter and increase the 50% threshold but not lower it. The Housing and Urban Poverty Alleviation ministry has also accepted all 38 recommendations made by the 21-member Rajya Sabha select committee which submitted its report last week.
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Real estate regulatory bill.
Q: What will happen if the central government implement the real state regulatory bill?

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Latest Answer: Hi Jeet Bhaskar, According to sources, the committee has concluded the suggestion to bring all projects constructed over more than 500 sq-mt or if nothing else 8 flats under the range of the proposed law. The proposals are liable to be submitted to the Parliament.
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Delhi Real estate News Real estate News in Delhi
Regulatory Bill for real estate sector.
Q: The real estate sector is demanding for a regulatory bill. Will it be helpful for the builders and the home buyers?

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Latest Answer: In what way this Real Estate Bill will help the home buyer?
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