Tranparency in the real estate sector.

Q: It came to our notice that the government will make the real estate regulation public? What happen that the government had to take such steps?

Ramakrishna, Hyderabad

9th November 2011

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The government have made this bill public for the protection of the customers , the bill will bring more light on the real estate sector. The government said that they are going to upload the bill on Ministry's website on November 11 for public suggestions. After considering those suggestions we are going to introduce it in the winter season. According to the draft, the developers have to make schemes like public disclosures related to land title andproject completion date.