Q:The NDA Government is planning to introduce a extensive real estate regulation bill to protect the interests of the buyers as well as to regulate the industry
Latest Answer: But decision is yet to come Subramanya sir.....and waiting for the finger crossed...
Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
Latest Answer: Hi Sufia,
Delhi Development Authority (DDA) is going to develop about 20 lakh residential units on the outskirts of the Capital on 24,000 hectares of land offering world-class infrastructure. The housing authority will be implementing this gigantic land pooling policy under the supervision of Union Ministry of Urban Development in the coming two months.
