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\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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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 | Despite RERA, Centre and states not doing enough to protect home buyers -Manish    </title>
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-Hindustan Times

The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective

The Real Estate (Regulation)..."/>
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-Hindustan Times

The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective

The Real Estate (Regulation)..." />
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                            <div align="justify">-Hindustan Times<br /><br /><em>The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective<br /></em><br />The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax on this front. As of July 31, only four states had set up a full-fledged Real Estate Regulatory Authority (RERA). In a travesty of the Act&rsquo;s requirements, the rest have been functioning with interim, non-independent authorities, and a few states even attempting to relax requirements under their rules.<br /><br />Designed as an omnibus consumer welfare legislation to regulate the real estate sector, the Act seeks to make buying residential property easier and more transparent through the establishment of an independent authority in each state. Every real estate project exceeding 500 square metre is required to be registered with the RERA before it is advertised, booked or sold to the public. The promoter is required to submit detailed documentation of their previous projects as well as the one under registration, and set up a public website with information regarding the project, updated on a quarterly basis. The promoter is then required to enter into a written and registered agreement for sale before collecting any deposit greater than 10% of the project cost. The promoter should also clearly specify the date of possession. Consumers can thus make informed decisions before purchase, and have regular access to information regarding the project, with the promoter held accountable for promises made or advertised. <br /><br />Besides private developers, the Act will impact both public housing projects such as the DDA&rsquo;s Aawasiya Yojana housing scheme or Kathputli Colony redevelopment in Delhi, and the SRA schemes in Mumbai. Thus, it is imperative that the RERA&rsquo;s regulatory independence is maintained so that it can exercise effective authority over government agencies as well. Similarly, in situations such as the Unitech fiasco in Gurugram, the Act would provide an easy means of redress to aggrieved home buyers. In these circumstances, the lack of a full-fledged independent RERA, as in Delhi and Haryana, means that home buyers are left high and dry.<br /><br />The Centre has publicised the Act as one of its most significant achievements, and extolled the RERA as a panacea for problems in the sector, particularly exploitation of home buyers by developers. On the other hand, its own actions in the national capital reflect poorly on these objectives. Delhi is yet to have a full-fledged RERA, and the Centre has notified DDA as the interim authority. This in direct conflict with DDA&rsquo;s legal mandate over planning and development in Delhi (including housing) which places it in the role of a promoter under the Act, and places it in the untenable position of exercising regulatory functions over itself. Further, the Act&rsquo;s mandate that all promoters be registered with the RERA will be rendered meaningless given that the promoter and RERA are the same institution.<br /><br />Please <a href="http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html" title="http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html">click here</a> to read more. <br /><br /></div>                                                           
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The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective

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    <h1 class="cat-box-title">Despite RERA, Centre and states not doing enough to protect home buyers -Manish</h1>
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                            <div align="justify">-Hindustan Times<br /><br /><em>The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective<br /></em><br />The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax on this front. As of July 31, only four states had set up a full-fledged Real Estate Regulatory Authority (RERA). In a travesty of the Act&rsquo;s requirements, the rest have been functioning with interim, non-independent authorities, and a few states even attempting to relax requirements under their rules.<br /><br />Designed as an omnibus consumer welfare legislation to regulate the real estate sector, the Act seeks to make buying residential property easier and more transparent through the establishment of an independent authority in each state. Every real estate project exceeding 500 square metre is required to be registered with the RERA before it is advertised, booked or sold to the public. The promoter is required to submit detailed documentation of their previous projects as well as the one under registration, and set up a public website with information regarding the project, updated on a quarterly basis. The promoter is then required to enter into a written and registered agreement for sale before collecting any deposit greater than 10% of the project cost. The promoter should also clearly specify the date of possession. Consumers can thus make informed decisions before purchase, and have regular access to information regarding the project, with the promoter held accountable for promises made or advertised. <br /><br />Besides private developers, the Act will impact both public housing projects such as the DDA&rsquo;s Aawasiya Yojana housing scheme or Kathputli Colony redevelopment in Delhi, and the SRA schemes in Mumbai. Thus, it is imperative that the RERA&rsquo;s regulatory independence is maintained so that it can exercise effective authority over government agencies as well. Similarly, in situations such as the Unitech fiasco in Gurugram, the Act would provide an easy means of redress to aggrieved home buyers. In these circumstances, the lack of a full-fledged independent RERA, as in Delhi and Haryana, means that home buyers are left high and dry.<br /><br />The Centre has publicised the Act as one of its most significant achievements, and extolled the RERA as a panacea for problems in the sector, particularly exploitation of home buyers by developers. On the other hand, its own actions in the national capital reflect poorly on these objectives. Delhi is yet to have a full-fledged RERA, and the Centre has notified DDA as the interim authority. This in direct conflict with DDA&rsquo;s legal mandate over planning and development in Delhi (including housing) which places it in the role of a promoter under the Act, and places it in the untenable position of exercising regulatory functions over itself. Further, the Act&rsquo;s mandate that all promoters be registered with the RERA will be rendered meaningless given that the promoter and RERA are the same institution.<br /><br />Please <a href="http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html" title="http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html">click here</a> to read more. <br /><br /></div>                                                           
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The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective

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-Hindustan Times

The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective

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    <h1 class="cat-box-title">Despite RERA, Centre and states not doing enough to protect home buyers -Manish</h1>
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                            <div align="justify">-Hindustan Times<br /><br /><em>The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective<br /></em><br />The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax on this front. As of July 31, only four states had set up a full-fledged Real Estate Regulatory Authority (RERA). In a travesty of the Act&rsquo;s requirements, the rest have been functioning with interim, non-independent authorities, and a few states even attempting to relax requirements under their rules.<br /><br />Designed as an omnibus consumer welfare legislation to regulate the real estate sector, the Act seeks to make buying residential property easier and more transparent through the establishment of an independent authority in each state. Every real estate project exceeding 500 square metre is required to be registered with the RERA before it is advertised, booked or sold to the public. The promoter is required to submit detailed documentation of their previous projects as well as the one under registration, and set up a public website with information regarding the project, updated on a quarterly basis. The promoter is then required to enter into a written and registered agreement for sale before collecting any deposit greater than 10% of the project cost. The promoter should also clearly specify the date of possession. Consumers can thus make informed decisions before purchase, and have regular access to information regarding the project, with the promoter held accountable for promises made or advertised. <br /><br />Besides private developers, the Act will impact both public housing projects such as the DDA&rsquo;s Aawasiya Yojana housing scheme or Kathputli Colony redevelopment in Delhi, and the SRA schemes in Mumbai. Thus, it is imperative that the RERA&rsquo;s regulatory independence is maintained so that it can exercise effective authority over government agencies as well. Similarly, in situations such as the Unitech fiasco in Gurugram, the Act would provide an easy means of redress to aggrieved home buyers. In these circumstances, the lack of a full-fledged independent RERA, as in Delhi and Haryana, means that home buyers are left high and dry.<br /><br />The Centre has publicised the Act as one of its most significant achievements, and extolled the RERA as a panacea for problems in the sector, particularly exploitation of home buyers by developers. On the other hand, its own actions in the national capital reflect poorly on these objectives. Delhi is yet to have a full-fledged RERA, and the Centre has notified DDA as the interim authority. This in direct conflict with DDA&rsquo;s legal mandate over planning and development in Delhi (including housing) which places it in the role of a promoter under the Act, and places it in the untenable position of exercising regulatory functions over itself. Further, the Act&rsquo;s mandate that all promoters be registered with the RERA will be rendered meaningless given that the promoter and RERA are the same institution.<br /><br />Please <a href="http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html" title="http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html">click here</a> to read more. <br /><br /></div>                                                           
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    <br><a href="http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html" class="re" target="_blank">Hindustan Times, 23 August, 2017, http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html</a><div class="clear"></div>
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Despite RERA, Centre and states not doing enough to protect home buyers -Manish

Published on Aug 26, 2017   Modified on Aug 26, 2017

-Hindustan Times The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax on this front. As of July 31, only four states had set up a full-fledged Real Estate Regulatory Authority (RERA). In a travesty of the Act’s requirements, the rest have been functioning with interim, non-independent authorities, and a few states even attempting to relax requirements under their rules. Designed as an omnibus consumer welfare legislation to regulate the real estate sector, the Act seeks to make buying residential property easier and more transparent through the establishment of an independent authority in each state. Every real estate project exceeding 500 square metre is required to be registered with the RERA before it is advertised, booked or sold to the public. The promoter is required to submit detailed documentation of their previous projects as well as the one under registration, and set up a public website with information regarding the project, updated on a quarterly basis. The promoter is then required to enter into a written and registered agreement for sale before collecting any deposit greater than 10% of the project cost. The promoter should also clearly specify the date of possession. Consumers can thus make informed decisions before purchase, and have regular access to information regarding the project, with the promoter held accountable for promises made or advertised. Besides private developers, the Act will impact both public housing projects such as the DDA’s Aawasiya Yojana housing scheme or Kathputli Colony redevelopment in Delhi, and the SRA schemes in Mumbai. Thus, it is imperative that the RERA’s regulatory independence is maintained so that it can exercise effective authority over government agencies as well. Similarly, in situations such as the Unitech fiasco in Gurugram, the Act would provide an easy means of redress to aggrieved home buyers. In these circumstances, the lack of a full-fledged independent RERA, as in Delhi and Haryana, means that home buyers are left high and dry. The Centre has publicised the Act as one of its most significant achievements, and extolled the RERA as a panacea for problems in the sector, particularly exploitation of home buyers by developers. On the other hand, its own actions in the national capital reflect poorly on these objectives. Delhi is yet to have a full-fledged RERA, and the Centre has notified DDA as the interim authority. This in direct conflict with DDA’s legal mandate over planning and development in Delhi (including housing) which places it in the role of a promoter under the Act, and places it in the untenable position of exercising regulatory functions over itself. Further, the Act’s mandate that all promoters be registered with the RERA will be rendered meaningless given that the promoter and RERA are the same institution. Please click here to read more.

Hindustan Times, 23 August, 2017, http://www.hindustantimes.com/analysis/despite-rera-centre-and-states-not-doing-enough-to-protect-home-buyers/story-ihlv0U77DTnlF6XLjpLu7I.html

Tagged with: Consumer Rights Real Estate (Regulation) Act (2016) Real Estate Regulatory Authority (RERA)

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