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States which diluted RERA rules will have to redraft them again !
Dated on: Friday 11th August 2017A Parliamentary Committee has instructed The Ministry of Housing and Urban Affairs to look after the states who have diluted the Central’s RERA guidelines and direct them to revise the rules. This comes after states like Uttar Pradesh had diluted the RERA rules which made an escape route for the real estate developers and eased their way out. If the ministry follows Committee’s instructions thoroughly, it can make a huge impact on all the existing State RERA Authorities as well.
This will also give a clue to other states to notify RERA rules carefully, who have not yet notified them.
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