Delhi

Centre open to changes in RERA without diluting it

 

The housing and urban affairs ministry has made it clear that it is not averse to bringing about changes in the real estate regulation rules if doing so would ensure effective implementation of the law without diluting the core features aimed to protect consumers.

 

The various stakeholders in the real estate sector, including the builders, state governments and regulatory authorities feel that there is some ambiguity regarding certain provisions of RERA that needs to be spelt out clearly. 

 

These include the definition of carpet area, enforcement of liability for workmanship and structural deficiencies, applicability of promoter in cooperative housing societies and the role of regulators in enforcing penalties.

 

These issues were discussed at a review meeting chaired by housing and urban affairs secretary Durga Shanker Mishra. “The secretary directed the officials concerned to examine in detail the veracity of difficulties and the possibility of addressing them under ‘clause for removing difficulties’ as provisioned in the RERA,” a government official said. According to the ministry, 25 states and Union Territories have so far notified real estate rules under the Act.
 

Written by The Realty Paper


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