Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Delayed notification, non-uniformity in rules may dilute RERA: Icra    </title>
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RERA Act would bring about a paradigm shift in the way the real estate industry operates

Even as the Real Estate Regulatory Act (RERA) comes into effect, delay in issuing notification and non-uniformity of rules across the states may dilute its..."/>
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                            <div align="justify">-PTI<br /><br /><em>RERA Act would bring about a paradigm shift in the way the real estate industry operates<br /></em><br />Even as the Real Estate Regulatory Act (RERA) comes into effect, delay in issuing notification and non-uniformity of rules across the states may dilute its effective implementation, says the rating agency Icra.<br /><br />The Act would bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and accountability of developers, it said.<br /><br />However, &quot;for effective implementation of the provisions, the state governments had to frame rules governing these sections and set up state-level RERA and appellate tribunals.<br /><br />&quot;So far, only seven states have notified the required rules....The absence of a regulator or appropriate rules can result in a regulatory vacuum and dilution of the Act's provisions,&quot; Icra Senior Vice President and Group Head, Corporate Ratings, K Ravichandran said in a statement here.<br /><br />Except Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Odisha, Bihar and the Union Territories, most have missed the deadline to notify rules under the Act, which was October 31, 2016.<br /><br />States such as Karnataka, Haryana and Telangana have framed draft rules, but final rules are yet to be notified.<br /><br />&quot;The progress in setting up the RERA at the state level has also been slow and is likely to extend beyond the stipulated timeline of April 30, 2017,&quot; ICRA said.<br /><br />Only Madhya Pradesh has set up its RERA, while some other states have set up interim regulatory authorities.<br /><br />Please <a href="http://www.business-standard.com/article/companies/delayed-notification-non-uniformity-in-rules-may-dilute-rera-icra-117050100828_1.html" title="http://www.business-standard.com/article/companies/delayed-notification-non-uniformity-in-rules-may-dilute-rera-icra-117050100828_1.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">Delayed notification, non-uniformity in rules may dilute RERA: Icra</h1>
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                            <div align="justify">-PTI<br /><br /><em>RERA Act would bring about a paradigm shift in the way the real estate industry operates<br /></em><br />Even as the Real Estate Regulatory Act (RERA) comes into effect, delay in issuing notification and non-uniformity of rules across the states may dilute its effective implementation, says the rating agency Icra.<br /><br />The Act would bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and accountability of developers, it said.<br /><br />However, &quot;for effective implementation of the provisions, the state governments had to frame rules governing these sections and set up state-level RERA and appellate tribunals.<br /><br />&quot;So far, only seven states have notified the required rules....The absence of a regulator or appropriate rules can result in a regulatory vacuum and dilution of the Act's provisions,&quot; Icra Senior Vice President and Group Head, Corporate Ratings, K Ravichandran said in a statement here.<br /><br />Except Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Odisha, Bihar and the Union Territories, most have missed the deadline to notify rules under the Act, which was October 31, 2016.<br /><br />States such as Karnataka, Haryana and Telangana have framed draft rules, but final rules are yet to be notified.<br /><br />&quot;The progress in setting up the RERA at the state level has also been slow and is likely to extend beyond the stipulated timeline of April 30, 2017,&quot; ICRA said.<br /><br />Only Madhya Pradesh has set up its RERA, while some other states have set up interim regulatory authorities.<br /><br />Please <a href="http://www.business-standard.com/article/companies/delayed-notification-non-uniformity-in-rules-may-dilute-rera-icra-117050100828_1.html" title="http://www.business-standard.com/article/companies/delayed-notification-non-uniformity-in-rules-may-dilute-rera-icra-117050100828_1.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">Delayed notification, non-uniformity in rules may dilute RERA: Icra</h1>
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                            <div align="justify">-PTI<br /><br /><em>RERA Act would bring about a paradigm shift in the way the real estate industry operates<br /></em><br />Even as the Real Estate Regulatory Act (RERA) comes into effect, delay in issuing notification and non-uniformity of rules across the states may dilute its effective implementation, says the rating agency Icra.<br /><br />The Act would bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and accountability of developers, it said.<br /><br />However, &quot;for effective implementation of the provisions, the state governments had to frame rules governing these sections and set up state-level RERA and appellate tribunals.<br /><br />&quot;So far, only seven states have notified the required rules....The absence of a regulator or appropriate rules can result in a regulatory vacuum and dilution of the Act's provisions,&quot; Icra Senior Vice President and Group Head, Corporate Ratings, K Ravichandran said in a statement here.<br /><br />Except Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Odisha, Bihar and the Union Territories, most have missed the deadline to notify rules under the Act, which was October 31, 2016.<br /><br />States such as Karnataka, Haryana and Telangana have framed draft rules, but final rules are yet to be notified.<br /><br />&quot;The progress in setting up the RERA at the state level has also been slow and is likely to extend beyond the stipulated timeline of April 30, 2017,&quot; ICRA said.<br /><br />Only Madhya Pradesh has set up its RERA, while some other states have set up interim regulatory authorities.<br /><br />Please <a href="http://www.business-standard.com/article/companies/delayed-notification-non-uniformity-in-rules-may-dilute-rera-icra-117050100828_1.html" title="http://www.business-standard.com/article/companies/delayed-notification-non-uniformity-in-rules-may-dilute-rera-icra-117050100828_1.html">click here</a> to read more. <br /></div>                                                           
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Delayed notification, non-uniformity in rules may dilute RERA: Icra

Published on May 8, 2017   Modified on May 8, 2017

-PTI RERA Act would bring about a paradigm shift in the way the real estate industry operates Even as the Real Estate Regulatory Act (RERA) comes into effect, delay in issuing notification and non-uniformity of rules across the states may dilute its effective implementation, says the rating agency Icra. The Act would bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and accountability of developers, it said. However, "for effective implementation of the provisions, the state governments had to frame rules governing these sections and set up state-level RERA and appellate tribunals. "So far, only seven states have notified the required rules....The absence of a regulator or appropriate rules can result in a regulatory vacuum and dilution of the Act's provisions," Icra Senior Vice President and Group Head, Corporate Ratings, K Ravichandran said in a statement here. Except Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Odisha, Bihar and the Union Territories, most have missed the deadline to notify rules under the Act, which was October 31, 2016. States such as Karnataka, Haryana and Telangana have framed draft rules, but final rules are yet to be notified. "The progress in setting up the RERA at the state level has also been slow and is likely to extend beyond the stipulated timeline of April 30, 2017," ICRA said. Only Madhya Pradesh has set up its RERA, while some other states have set up interim regulatory authorities. Please click here to read more.

Business Standard, 1 May, 2017, http://www.business-standard.com/article/companies/delayed-notification-non-uniformity-in-rules-may-dilute-rera-icra-117050100828_1.html

Tagged with: Real Estate Real Estate (Development and Regulation) Act (2016) Real Estate (Regulation and Development) Act (2016) RERA

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