Real estate bill won't be passed in ongoing winter session

Q: Facing acute opposition in the Rajya Sabha and strong disturbance, the government has decided against moving the amended Real Estate (Development and Regulation) Bill in the current session and will try to get it through parliament next year.

Balwinder Singh,

23rd December 2015

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Replies (2)

As per the recent news, the Real Estate (Regulation and Development) Bill had been referred to a select committee, which had given its report in July. But Congress, Left and AIADMK had expressed reservations on the report through disagree notes. Given the opposition, the government had formed an informal group of ministers to work out on a politically acceptable bill.

Dwarkesh,

23rd December 2015

Comment

Right Dwarkesh and later the ministry of housing and urban poverty alleviation, which is leading the legislation, accepted all changes suggested by the select committee and the Cabinet gave its approval with further amendments on December 9. The bill won't be introduced but denied that it would go back to the drawing board because of reservations expressed by real estate developers.

Rahul Kumar, Delhi

23rd December 2015

@Rahul,
I don't understand why there is a delay in it while the government had worked to make the legislation politically acceptable, including suggestions made by Congress in the select committee dissent note.

Dwarkesh,

23rd December 2015

Still, there will be a lot's of debate on it as Lok Sabha members are not agree with this changes. After the Rajya Sabha passes it, it would have to be sent to the Lok Sabha as there have been some more amendments.

Preeti Kher, Delhi-NCR

23rd December 2015

I knew that the Congress will never pass this will and oppose strongly. The real estate bill, which had cleared all difficulty including parliamentary committee scrutiny and cabinet approval, won't be passed in the ongoing winter session of Parliament, delaying one of the government's key reform initiatives.

Dwarkesh,

23rd December 2015

Comment

Now they want to use the remaining two days of the session to push through other crucial legislations that are not controversial. The real estate bill is likely to be challenged by the Opposition, even though the government has demand to include its suggestions.

Preeti Kher, Delhi-NCR

23rd December 2015