The much awaited Real Estate Act comes into force on Monday with a promise of protecting the right of consumers and ushering in transparency but only 13 states and UTs have so far notified rules. The government has described the implementation of the consumer-centric act as the beginning of an era where the consumer is the king.
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To regulate the real estate sector, the government has come up with the idea of Real Estate Regulatory Authority (RERA) Bill which is expected to help buyers. RERA is supposed to protect the interest of the homebuyer and ensure timely delivery of projects. Real Estate Regulatory Authority (RERA)
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A seminar on Real Estate Regulatory Rules, 2016 was organized by Consortium of Societies and AoA Federation, the apex organizations of resident bodies of Ghazvanid on Saturday. “This event was a medium for gathering momentum for a movement to demand changes in the real estate rules from the state government
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