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: 73
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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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
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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: 74
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68019e203add1-trace').style.display = (document.getElementById('cakeErr68019e203add1-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68019e203add1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68019e203add1-code').style.display = (document.getElementById('cakeErr68019e203add1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68019e203add1-context').style.display = (document.getElementById('cakeErr68019e203add1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68019e203add1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
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</span></span></code></pre><pre id="cakeErr68019e203add1-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
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&lt;div align=&quot;justify&quot;&gt;
The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;
&lt;br /&gt;
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;
&lt;br /&gt;
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;
&lt;br /&gt;
Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;
&lt;br /&gt;
The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;
&lt;br /&gt;
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;
&lt;br /&gt;
They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;
&lt;br /&gt;
Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;
&lt;br /&gt;
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Regulator&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;
&lt;br /&gt;
The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;
&lt;br /&gt;
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;
&lt;br /&gt;
They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;
&lt;br /&gt;
If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Transparency&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;
&lt;br /&gt;
As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;
&lt;br /&gt;
The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.
&lt;/div&gt;&#039;,
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.

The initial draft of the Real Estate (Regulation and...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;br /&gt;&lt;div align=&quot;justify&quot;&gt;The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;&lt;br /&gt;The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;&lt;br /&gt;If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;&lt;br /&gt;Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;&lt;br /&gt;The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;&lt;br /&gt;Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;&lt;br /&gt;They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;&lt;br /&gt;Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;&lt;br /&gt;Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Regulator&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;&lt;br /&gt;The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;&lt;br /&gt;Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;&lt;br /&gt;They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;&lt;br /&gt;If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;&lt;br /&gt;If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Transparency&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;&lt;br /&gt;As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;&lt;br /&gt;The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.&lt;/div&gt;&#039;,
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&lt;div align=&quot;justify&quot;&gt;
The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;
&lt;br /&gt;
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;
&lt;br /&gt;
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;
&lt;br /&gt;
Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;
&lt;br /&gt;
The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;
&lt;br /&gt;
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;
&lt;br /&gt;
They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;
&lt;br /&gt;
Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;
&lt;br /&gt;
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Regulator&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;
&lt;br /&gt;
The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;
&lt;br /&gt;
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;
&lt;br /&gt;
They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;
&lt;br /&gt;
If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Transparency&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;
&lt;br /&gt;
As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;
&lt;br /&gt;
The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.
&lt;/div&gt;&#039;,
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.

The initial draft of the Real Estate (Regulation and...&#039;
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                <strong>Leniency for tall-claim builders-Sobhana K</strong></h1>
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                <br /><div align="justify">The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.<br /><br />The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.<br /><br />If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.<br /><br />Real estate developers&rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.<br /><br />The draft bill, which aims to provide a safety net to home buyers, says:<br /><br />Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments<br /><br />They cannot make any changes to the plan after the sale agreement is in place.<br /><br />Under the original draft, developers could have been jailed for defaulting on any of these promises.<br /><br />Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.<br /><br /><em>Regulator<br /></em><br />However, the builders will still face a jail term if they fail to register their projects with the real estate authority &mdash; a state-level regulatory body to be formed for the first time.<br /><br />The authority will regulate all developers and real estate agents, and all developers must register with it.<br /><br />Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.<br /><br /><em>Some of the issues the authority will oversee:<br /></em><br />Developers cannot publish advertisements until projects are registered with the regulatory authority<br /><br />They cannot force buyers to pay an advance without the sale agreement<br /><br />If any &ldquo;structural defects or deficiencies&rdquo; develop, or are detected, in a building within &ldquo;a year of allotment&rdquo;, they will have to be &ldquo;rectified by the promoter&rdquo;<br /><br />If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.<br /><br /><em>Transparency<br /></em><br />Under the draft bill, developers must upload on the proposed authority&rsquo;s website all certificates and details that a prospective customer might want to access.<br /><br />As there have been complaints of construction on disputed property, the bill stipulates &ldquo;full and true disclosure&rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.<br /><br />The ministry has held consultations with the state governments on the bill. &ldquo;Once the consultations are over, we will present the bill to the cabinet,&rdquo; an official said.</div>               </font>
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</span></span></code>
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&lt;div align=&quot;justify&quot;&gt;
The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;
&lt;br /&gt;
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;
&lt;br /&gt;
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;
&lt;br /&gt;
Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;
&lt;br /&gt;
The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;
&lt;br /&gt;
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;
&lt;br /&gt;
They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;
&lt;br /&gt;
Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;
&lt;br /&gt;
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Regulator&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;
&lt;br /&gt;
The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;
&lt;br /&gt;
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;
&lt;br /&gt;
They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;
&lt;br /&gt;
If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Transparency&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;
&lt;br /&gt;
As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;
&lt;br /&gt;
The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.
&lt;/div&gt;&#039;,
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.

The initial draft of the Real Estate (Regulation and...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;br /&gt;&lt;div align=&quot;justify&quot;&gt;The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;&lt;br /&gt;The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;&lt;br /&gt;If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;&lt;br /&gt;Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;&lt;br /&gt;The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;&lt;br /&gt;Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;&lt;br /&gt;They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;&lt;br /&gt;Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;&lt;br /&gt;Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Regulator&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;&lt;br /&gt;The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;&lt;br /&gt;Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;&lt;br /&gt;They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;&lt;br /&gt;If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;&lt;br /&gt;If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Transparency&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;&lt;br /&gt;As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;&lt;br /&gt;The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.&lt;/div&gt;&#039;,
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&lt;div align=&quot;justify&quot;&gt;
The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;
&lt;br /&gt;
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;
&lt;br /&gt;
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;
&lt;br /&gt;
Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;
&lt;br /&gt;
The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;
&lt;br /&gt;
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;
&lt;br /&gt;
They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;
&lt;br /&gt;
Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;
&lt;br /&gt;
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Regulator&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;
&lt;br /&gt;
The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;
&lt;br /&gt;
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;
&lt;br /&gt;
They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;
&lt;br /&gt;
If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Transparency&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;
&lt;br /&gt;
As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;
&lt;br /&gt;
The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.
&lt;/div&gt;&#039;,
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                <strong>Leniency for tall-claim builders-Sobhana K</strong></h1>
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                <br /><div align="justify">The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.<br /><br />The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.<br /><br />If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.<br /><br />Real estate developers&rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.<br /><br />The draft bill, which aims to provide a safety net to home buyers, says:<br /><br />Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments<br /><br />They cannot make any changes to the plan after the sale agreement is in place.<br /><br />Under the original draft, developers could have been jailed for defaulting on any of these promises.<br /><br />Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.<br /><br /><em>Regulator<br /></em><br />However, the builders will still face a jail term if they fail to register their projects with the real estate authority &mdash; a state-level regulatory body to be formed for the first time.<br /><br />The authority will regulate all developers and real estate agents, and all developers must register with it.<br /><br />Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.<br /><br /><em>Some of the issues the authority will oversee:<br /></em><br />Developers cannot publish advertisements until projects are registered with the regulatory authority<br /><br />They cannot force buyers to pay an advance without the sale agreement<br /><br />If any &ldquo;structural defects or deficiencies&rdquo; develop, or are detected, in a building within &ldquo;a year of allotment&rdquo;, they will have to be &ldquo;rectified by the promoter&rdquo;<br /><br />If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.<br /><br /><em>Transparency<br /></em><br />Under the draft bill, developers must upload on the proposed authority&rsquo;s website all certificates and details that a prospective customer might want to access.<br /><br />As there have been complaints of construction on disputed property, the bill stipulates &ldquo;full and true disclosure&rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.<br /><br />The ministry has held consultations with the state governments on the bill. &ldquo;Once the consultations are over, we will present the bill to the cabinet,&rdquo; an official said.</div>               </font>
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&lt;div align=&quot;justify&quot;&gt;
The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;
&lt;br /&gt;
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;
&lt;br /&gt;
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;
&lt;br /&gt;
Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;
&lt;br /&gt;
The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;
&lt;br /&gt;
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;
&lt;br /&gt;
They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;
&lt;br /&gt;
Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;
&lt;br /&gt;
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Regulator&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;
&lt;br /&gt;
The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;
&lt;br /&gt;
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;
&lt;br /&gt;
They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;
&lt;br /&gt;
If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Transparency&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;
&lt;br /&gt;
As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;
&lt;br /&gt;
The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.

The initial draft of the Real Estate (Regulation and...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;br /&gt;&lt;div align=&quot;justify&quot;&gt;The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;&lt;br /&gt;The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;&lt;br /&gt;If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;&lt;br /&gt;Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;&lt;br /&gt;The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;&lt;br /&gt;Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;&lt;br /&gt;They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;&lt;br /&gt;Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;&lt;br /&gt;Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Regulator&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;&lt;br /&gt;The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;&lt;br /&gt;Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;&lt;br /&gt;They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;&lt;br /&gt;If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;&lt;br /&gt;If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Transparency&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;&lt;br /&gt;As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;&lt;br /&gt;The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.&lt;/div&gt;&#039;,
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.&lt;br /&gt;
&lt;br /&gt;
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.&lt;br /&gt;
&lt;br /&gt;
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.&lt;br /&gt;
&lt;br /&gt;
Real estate developers&amp;rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.&lt;br /&gt;
&lt;br /&gt;
The draft bill, which aims to provide a safety net to home buyers, says:&lt;br /&gt;
&lt;br /&gt;
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments&lt;br /&gt;
&lt;br /&gt;
They cannot make any changes to the plan after the sale agreement is in place.&lt;br /&gt;
&lt;br /&gt;
Under the original draft, developers could have been jailed for defaulting on any of these promises.&lt;br /&gt;
&lt;br /&gt;
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Regulator&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &amp;mdash; a state-level regulatory body to be formed for the first time.&lt;br /&gt;
&lt;br /&gt;
The authority will regulate all developers and real estate agents, and all developers must register with it.&lt;br /&gt;
&lt;br /&gt;
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Some of the issues the authority will oversee:&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Developers cannot publish advertisements until projects are registered with the regulatory authority&lt;br /&gt;
&lt;br /&gt;
They cannot force buyers to pay an advance without the sale agreement&lt;br /&gt;
&lt;br /&gt;
If any &amp;ldquo;structural defects or deficiencies&amp;rdquo; develop, or are detected, in a building within &amp;ldquo;a year of allotment&amp;rdquo;, they will have to be &amp;ldquo;rectified by the promoter&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Transparency&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Under the draft bill, developers must upload on the proposed authority&amp;rsquo;s website all certificates and details that a prospective customer might want to access.&lt;br /&gt;
&lt;br /&gt;
As there have been complaints of construction on disputed property, the bill stipulates &amp;ldquo;full and true disclosure&amp;rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.&lt;br /&gt;
&lt;br /&gt;
The ministry has held consultations with the state governments on the bill. &amp;ldquo;Once the consultations are over, we will present the bill to the cabinet,&amp;rdquo; an official said.
&lt;/div&gt;&#039;,
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.

The initial draft of the Real Estate (Regulation and...&#039;
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                <strong>Leniency for tall-claim builders-Sobhana K</strong></h1>
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                <br /><div align="justify">The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.<br /><br />The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.<br /><br />If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.<br /><br />Real estate developers&rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.<br /><br />The draft bill, which aims to provide a safety net to home buyers, says:<br /><br />Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments<br /><br />They cannot make any changes to the plan after the sale agreement is in place.<br /><br />Under the original draft, developers could have been jailed for defaulting on any of these promises.<br /><br />Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.<br /><br /><em>Regulator<br /></em><br />However, the builders will still face a jail term if they fail to register their projects with the real estate authority &mdash; a state-level regulatory body to be formed for the first time.<br /><br />The authority will regulate all developers and real estate agents, and all developers must register with it.<br /><br />Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.<br /><br /><em>Some of the issues the authority will oversee:<br /></em><br />Developers cannot publish advertisements until projects are registered with the regulatory authority<br /><br />They cannot force buyers to pay an advance without the sale agreement<br /><br />If any &ldquo;structural defects or deficiencies&rdquo; develop, or are detected, in a building within &ldquo;a year of allotment&rdquo;, they will have to be &ldquo;rectified by the promoter&rdquo;<br /><br />If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.<br /><br /><em>Transparency<br /></em><br />Under the draft bill, developers must upload on the proposed authority&rsquo;s website all certificates and details that a prospective customer might want to access.<br /><br />As there have been complaints of construction on disputed property, the bill stipulates &ldquo;full and true disclosure&rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.<br /><br />The ministry has held consultations with the state governments on the bill. &ldquo;Once the consultations are over, we will present the bill to the cabinet,&rdquo; an official said.</div>               </font>
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<div align="justify">
The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.<br />
<br />
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.<br />
<br />
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.<br />
<br />
Real estate developers&rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.<br />
<br />
The draft bill, which aims to provide a safety net to home buyers, says:<br />
<br />
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments<br />
<br />
They cannot make any changes to the plan after the sale agreement is in place.<br />
<br />
Under the original draft, developers could have been jailed for defaulting on any of these promises.<br />
<br />
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.<br />
<br />
<em>Regulator<br />
</em><br />
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &mdash; a state-level regulatory body to be formed for the first time.<br />
<br />
The authority will regulate all developers and real estate agents, and all developers must register with it.<br />
<br />
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.<br />
<br />
<em>Some of the issues the authority will oversee:<br />
</em><br />
Developers cannot publish advertisements until projects are registered with the regulatory authority<br />
<br />
They cannot force buyers to pay an advance without the sale agreement<br />
<br />
If any &ldquo;structural defects or deficiencies&rdquo; develop, or are detected, in a building within &ldquo;a year of allotment&rdquo;, they will have to be &ldquo;rectified by the promoter&rdquo;<br />
<br />
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.<br />
<br />
<em>Transparency<br />
</em><br />
Under the draft bill, developers must upload on the proposed authority&rsquo;s website all certificates and details that a prospective customer might want to access.<br />
<br />
As there have been complaints of construction on disputed property, the bill stipulates &ldquo;full and true disclosure&rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.<br />
<br />
The ministry has held consultations with the state governments on the bill. &ldquo;Once the consultations are over, we will present the bill to the cabinet,&rdquo; an official said.
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	'metaTitle' => 'LATEST NEWS UPDATES | Leniency for tall-claim builders-Sobhana K',
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.

The initial draft of the Real Estate (Regulation and...',
	'disp' => '<br /><div align="justify">The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.<br /><br />The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.<br /><br />If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.<br /><br />Real estate developers&rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.<br /><br />The draft bill, which aims to provide a safety net to home buyers, says:<br /><br />Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments<br /><br />They cannot make any changes to the plan after the sale agreement is in place.<br /><br />Under the original draft, developers could have been jailed for defaulting on any of these promises.<br /><br />Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.<br /><br /><em>Regulator<br /></em><br />However, the builders will still face a jail term if they fail to register their projects with the real estate authority &mdash; a state-level regulatory body to be formed for the first time.<br /><br />The authority will regulate all developers and real estate agents, and all developers must register with it.<br /><br />Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.<br /><br /><em>Some of the issues the authority will oversee:<br /></em><br />Developers cannot publish advertisements until projects are registered with the regulatory authority<br /><br />They cannot force buyers to pay an advance without the sale agreement<br /><br />If any &ldquo;structural defects or deficiencies&rdquo; develop, or are detected, in a building within &ldquo;a year of allotment&rdquo;, they will have to be &ldquo;rectified by the promoter&rdquo;<br /><br />If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.<br /><br /><em>Transparency<br /></em><br />Under the draft bill, developers must upload on the proposed authority&rsquo;s website all certificates and details that a prospective customer might want to access.<br /><br />As there have been complaints of construction on disputed property, the bill stipulates &ldquo;full and true disclosure&rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.<br /><br />The ministry has held consultations with the state governments on the bill. &ldquo;Once the consultations are over, we will present the bill to the cabinet,&rdquo; an official said.</div>',
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	'id' => (int) 14713,
	'title' => 'Leniency for tall-claim builders-Sobhana K',
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<div align="justify">
The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.<br />
<br />
The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.<br />
<br />
If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.<br />
<br />
Real estate developers&rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.<br />
<br />
The draft bill, which aims to provide a safety net to home buyers, says:<br />
<br />
Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments<br />
<br />
They cannot make any changes to the plan after the sale agreement is in place.<br />
<br />
Under the original draft, developers could have been jailed for defaulting on any of these promises.<br />
<br />
Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.<br />
<br />
<em>Regulator<br />
</em><br />
However, the builders will still face a jail term if they fail to register their projects with the real estate authority &mdash; a state-level regulatory body to be formed for the first time.<br />
<br />
The authority will regulate all developers and real estate agents, and all developers must register with it.<br />
<br />
Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.<br />
<br />
<em>Some of the issues the authority will oversee:<br />
</em><br />
Developers cannot publish advertisements until projects are registered with the regulatory authority<br />
<br />
They cannot force buyers to pay an advance without the sale agreement<br />
<br />
If any &ldquo;structural defects or deficiencies&rdquo; develop, or are detected, in a building within &ldquo;a year of allotment&rdquo;, they will have to be &ldquo;rectified by the promoter&rdquo;<br />
<br />
If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.<br />
<br />
<em>Transparency<br />
</em><br />
Under the draft bill, developers must upload on the proposed authority&rsquo;s website all certificates and details that a prospective customer might want to access.<br />
<br />
As there have been complaints of construction on disputed property, the bill stipulates &ldquo;full and true disclosure&rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.<br />
<br />
The ministry has held consultations with the state governments on the bill. &ldquo;Once the consultations are over, we will present the bill to the cabinet,&rdquo; an official said.
</div>',
	'credit_writer' => 'The Telegraph, 30 April, 2012, http://www.telegraphindia.com/1120430/jsp/frontpage/story_15434918.jsp#.T55AdFL5nYQ',
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The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.

The initial draft of the Real Estate (Regulation and...'
$disp = '<br /><div align="justify">The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said.<br /><br />The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost.<br /><br />If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog.<br /><br />Real estate developers&rsquo; bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act.<br /><br />The draft bill, which aims to provide a safety net to home buyers, says:<br /><br />Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments<br /><br />They cannot make any changes to the plan after the sale agreement is in place.<br /><br />Under the original draft, developers could have been jailed for defaulting on any of these promises.<br /><br />Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer.<br /><br /><em>Regulator<br /></em><br />However, the builders will still face a jail term if they fail to register their projects with the real estate authority &mdash; a state-level regulatory body to be formed for the first time.<br /><br />The authority will regulate all developers and real estate agents, and all developers must register with it.<br /><br />Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint.<br /><br /><em>Some of the issues the authority will oversee:<br /></em><br />Developers cannot publish advertisements until projects are registered with the regulatory authority<br /><br />They cannot force buyers to pay an advance without the sale agreement<br /><br />If any &ldquo;structural defects or deficiencies&rdquo; develop, or are detected, in a building within &ldquo;a year of allotment&rdquo;, they will have to be &ldquo;rectified by the promoter&rdquo;<br /><br />If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate.<br /><br /><em>Transparency<br /></em><br />Under the draft bill, developers must upload on the proposed authority&rsquo;s website all certificates and details that a prospective customer might want to access.<br /><br />As there have been complaints of construction on disputed property, the bill stipulates &ldquo;full and true disclosure&rdquo; of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party.<br /><br />The ministry has held consultations with the state governments on the bill. &ldquo;Once the consultations are over, we will present the bill to the cabinet,&rdquo; an official said.</div>'
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Leniency for tall-claim builders-Sobhana K

The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said. The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the total project cost. If the revised draft is cleared without changes, the builders will only have to pay a compensation for making false promises. However, the revised draft has retained another clause that invites a jail term if the developers do not register themselves with a watchdog. Real estate developers’ bodies had opposed the jail provision when the ministry held a national consultation with all the stakeholders in January. After sitting on their request for some time, the ministry has agreed to dilute the act. The draft bill, which aims to provide a safety net to home buyers, says: Developers must disclose the carpet area and layout of the planned apartments, their structural design, and plans for other on-site developments They cannot make any changes to the plan after the sale agreement is in place. Under the original draft, developers could have been jailed for defaulting on any of these promises. Developers will have to compensate customers if there is any deviation from the advertisements and it has caused a loss to the buyer. Regulator However, the builders will still face a jail term if they fail to register their projects with the real estate authority — a state-level regulatory body to be formed for the first time. The authority will regulate all developers and real estate agents, and all developers must register with it. Each state can establish its own real estate authority but there will be an appellate tribunal at the Centre, headed by a retired Supreme Court judge or a retired high court chief justice. The tribunal can start investigations on its own if it receives a complaint. Some of the issues the authority will oversee: Developers cannot publish advertisements until projects are registered with the regulatory authority They cannot force buyers to pay an advance without the sale agreement If any “structural defects or deficiencies” develop, or are detected, in a building within “a year of allotment”, they will have to be “rectified by the promoter” If a builder pulls out of a project, the money has to be returned with interest at not more than the prevailing rate. Transparency Under the draft bill, developers must upload on the proposed authority’s website all certificates and details that a prospective customer might want to access. As there have been complaints of construction on disputed property, the bill stipulates “full and true disclosure” of the nature of the title of the land. If the land is owned by any other party, the developer has to upload the agreement with that party. The ministry has held consultations with the state governments on the bill. “Once the consultations are over, we will present the bill to the cabinet,” an official said.