Noida realtors welcomes the regulatory bill

Q: Please discuss about the new bill that is being proposed by the center and the formation of the real estate regulatory authority .....

Wahi, Noida

18th July 2014

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Replies (2)

Developers also said that some provisions that are detrimental to the realty sector should be removed.

The authority will have to ensure that the government quickly provided approvals from its end as well as make all stake holders in a project accountable. They further suggested that banks and customers should share responsibility as well..

Harilal, Delhi-NCR

18th July 2014

Comment

If a government official or agency delays the project both commercial and residential then he should be made liable for the actions and legal way initiated...

Kanchan, Ghaziabad

18th July 2014

Yeah they are ok about making it mandatory for real estate agents to get registered with the proposed real estate regulatory authority and obtain a licence before starting business. but feel that there should be separate authority for builders and brokers...

Roshan Singh, Bangalore

18th July 2014

Comment

That i feel is a valid point as there are so many builders and even more brokers.. one body wll be so very overloaded that it will get burdened and issues will remain pending for long and that might nullify the whole purpose...

Bulbul Verma,

18th July 2014