Builders call real estate bill an “harassment bill”
Delhi developers claim real estate bill as ‘Public Amusement and Developer Harassment Bill’. Confederation of Real Estate Developers’ Association of India (CREDAI) voiced out saying, that even their committee members are not contended with the norms ensured in the real estate bill 2011.
As the law is focused on real estate builders, Ministry of Housing and Urban Poverty Alleviation has put up this query in the public domain for further comments.
Meanwhile, the government say that it is aware of the concerns and objections regarding the draft bill and has promised builders to re-address the bill for the better growth of real estate market in the city.
Source: The Economic Times
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