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Lacunae in Maharashtra real estate Regulatory Bill

The Maharashtra legislative assembly has introduced the new proposal for the real estate regulatory bill.

The builders association in Maharashtra think that the bill will not help any of the builders or the buyers of properties in Mumbai.

According to several assembly members, the bill needs more discussion before passing it for an act.

The proposed bill will not be effective on government housing authorities. The builders association has opposed this point.

The builders association feels that with the help of the proposed bill the politicians and the government officials will interfere in the construction business.

More related stories:

Government to introduce realty sector regulatory bill

Source : DNA India

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