-The Hindu Where the citizen-government gap is bridged by using the RTI Act for administrative reforms April 18, 2014 is a day the shepherds around Budgam town near Srinagar will not forget. This was the day when Tosa Maidan — a vast pasture that shepherds from seven districts traditionally grazed their livestock in — was reclaimed from the Indian Army. Leased out to the Army in 1964, Tosa Maidan or ‘the king of...
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Despite RERA, Centre and states not doing enough to protect home buyers -Manish
-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...
More »Housing for all: There's a lot to be built -Shreya Deb
-The Hindu Business Line The Government must clear policy bottlenecks for the Pradhan Mantri Awas Yojana to meet its ambitious target Amidst the government’s celebrations on completing three years in office, one flagship scheme remains a massive — and challenging — opportunity: Housing for all by 2022. The groundbreaking, affordable housing initiative backing this promise, the Pradhan Mantri Awas Yojana (PMAY), plans to provide homes to 18 million households in urban India...
More »Developers in quandary as states not ready with Rera rules -Prabhakar Sinha
-The Times of India NEW DELHI: Real Estate Developers across the country are in a quandary as the Centre has stopped them from marketing ongoing projects yet to be registered with their respective state's real estate regulatory authority (Rera), and most state governments are neither ready with rules under the new Act, nor have they created the authorities. In a written clarification to the National Real Estate Development Council (NAREDCO), the Union...
More »Delayed notification, non-uniformity in rules may dilute RERA: Icra
-PTI RERA Act would bring about a paradigm shift in the way the real estate industry operates Even as the Real Estate Regulatory Act (RERA) comes into effect, delay in issuing notification and non-uniformity of rules across the states may dilute its effective implementation, says the rating agency Icra. The Act would bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and accountability...
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