RERA AND REALTY

The Haryana Government has promulgated the Draft RERA Rules on 28th April 2017 and has given just 15 days to seek Objections or Suggestions from the public. The people of Haryana feel cheated as the Rules are diluted and are not consistent with the Central Act. The Real Estate Regulation Act 2016 does not empower the State Governments to dilute the Rules. Please sign the petition to protest and impact your opinion !! CM Haryana: Implement #RERA in Haryana immediately covering existing undelivered ... https://t.co/mE5F4jyWMg via @ChangeOrg_India — Avadhoot Dandekar (@Webtwits) May 23, 2017

The Real Estate Regulation Act 2016 (RERA) has been brought in by the Central Government for the regulation and promotion of the real estate sector in India. The act establishes a Real Estate Regulatory Authority that ensures the sale of plot, apartment or building, real estate project in an efficient and transparent manner and protects the interests of consumers. The act provides for a speedy redressal of complaints at three levels - Adjudicating Officer, Real Estate Regulatory Authority, and Real Estate Appellate Tribunal. This act has been published in the Gazette of India on 25th March 2016. You can access this act here. #RERA does not provide for criminal prosecution, #MOFA provides for the same. Was MOFA stronger than RERA? Is RERA a weaker legislation? — Avadhoot Dandekar (@Webtwits) May 19, 2017