Requirement in The real estate act 2016
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We Indians become happy as soon as law is formed. If you see how many laws are followed, and These visitors of parliament whoa re called MP, many of them are the law breakers. The law is again for them only so that they can carry out their work dauntingly. more
May 13
There is rampant cheating by builders, who sell dreams to gullible buyers, without meeting contractual commitments. RERA 2016 may provide some relief, but clever cheats would always find loopholes to circumvent it. There is a more effective solution. Only completed flats and buildings should be treated as "marketable" and there should be a BAN on accepting payments from buyers for incomplete housing projects. Builders should borrow money from banks or financial institutions and interest cost should be included in the final price. The "risk" involved in delay should be borne by builder and may be included in the final price quoted by him. more
May 13
The RERA 2016 will cover all housing projects which have not obtained completion certificate as on 01/05/2016. Its real success will depend upon the State Governments as in many projects politicians are involved. A mess is created wherever politicians have got interest. The Urban Development Authorities should design the plots are such a way that sufficient space is provided for greenery & sanitation. more
May 12
Too many Apartments are coming up in Cities and Towns THat will hev ethe Problems like Congestion ,Sanitation Etc.But Builders to earn more Profits are using cheap materials in ,Wood,Electrical Wiring ,Plumbering ETc. As such the Apartments are getting damaged . . Government must have some control over the Builders. more
May 11
