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Real Estate Bill 2013

Real Estate Bill to be taken up for consideration

Real Estate Bill to be taken up for consideration
The Real Estate (Regulation and Development) Bill, 2013, is likely to be taken up for consideration in the Winter Session of Parliament, said a senior government official who attended a high-level meeting on the subject on Wednesday. The meeting of the Union housing and urban poverty alleviation ministry was convened in the run-up to a [...] Continue Reading »

Realty Bill soon to be introduced to safeguard retail home buyers

Realty Bill soon to be introduced to safeguard retail home buyers
The housing ministry plans to include commercial and industrial real estate under the Real Estate (Regulation and Development) Bill, 2013 which is expected to be brought to the Parliament in the monsoon session. The ministry official mentioned that a proposal would be soon sent to M Venkaiah Naidu the housing and urban poverty alleviation minister, for approval and then [...] Continue Reading »

Maharashtra Housing Act 2012 Severely Hinders Real Estate Bill 2013

Maharashtra Housing Act 2012 Severely Hinders Real Estate Bill 2013
The Maharashtra Housing Act 2012 was well received in the mainstream media ever since it was passed. It’s commendable that Maharashtra took this initiative, but what’s important to understand is that this Act has provisions that negatively impact home buyers and promote developers’ interests. What’s more, the State Act limits, and in many cases negates [...] Continue Reading »



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