Fight for RERA (homebuyer’s body) written to PMO to dilute pro builder norms proposed by state governments in RERA.

Fight for RERA (homebuyer’s body) written to PMO to dilute pro builder norms proposed by state governments in RERA.

MUMBAI:The Committee on Subordinate Legislation, or COSL, of Rajya Sabha has written to PM Modi and Union Minister of Urban Development & Poverty Alleviation Venkaiah Naidu to look into the matter of dilution of Real Estate (Regulation & Development) Act (RERA) rules by the state governments in favour of realty developers.

A pan-India homebuyers’ body `Fight for RERA’ had sought intervention of COSL of both the houses to ensure that the final rules are framed and implemented by states within the ambit of RERA. After the Act was notified on May 1, 2016, all the states were required to notify final rules within six months. So far Gujarat, Uttar Pradesh, Madhya Pradesh and Orissa have finalised their rules, while Rajasthan, Karnataka, West Bengal, Maharashtra & Tamil Nadu have framed their draft rules……Read more

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