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Indian Real Estate News
Redrafted real estate regulation bill soon
Source: The Indian Express Apr 22, 2010
The housing and urban poverty alleviation ministry would prepare a second draft of the Model Real Estate (Regulation of Development) Act after undertaking wider consultations with all the stakeholders. The model bill, drafted in October 2009, was put up for comments of the stake­holders, and having received those, the ministry is now planning to analyse them.
“The comments received and issues raised were discussed with representatives of some of the state government in a meeting held in March 2010,” said the ministry spokesperson.
Tag: Real Estate India, Rules in India Real Estate
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