On Wednesday, April 26 The Committee on Subordinate Legislation (COSL) of Lok Sabha had a meeting with the officials from the Ministry of Housing and Urban Poverty Alleviation regarding the dilution of Real Estate (Regulation and Development) Act (RERA) rules by various states. The focal point of this meeting was buyer’s rights, supported the strict implementation of RERA.
This over one hour continued meeting had discussion on the progress of RERA execution, scheduled on May 1, 2017, where COSL expressed the concern to the ministry officials over the dilution of RERA norms by the various states.
Before more than 10 days, COSL issued a letter to the ministry with a 32-point query; including queries related the standing of the implementation of RERA, establishment of regulatory authority and appellate tribunal by state governments, and dilution of rules by various states. COSL has raised further queries that are expected to be answered by HUPA within next few days. Feedback will be monitored by an individual committee and COSL will make its recommendation after that. COSL had also written separate letters to the Prime Minister, Union Minister of Housing, Union Minister of Urban Development and Poverty Alleviation and also to the chief ministers of UP, Haryana and Gujarat to highlight such dilution of rules.,
After the act was notified on May 1, 2016, all states were asked to submit their notified final rules within 6 months, which unfortunately didn’t materialize. By far, Maharashtra, Uttar Pradesh, Madhya Pradesh, Rajasthan, Gujarat and Odisha have notified their rules and HUPA had notified final rules for the 5 UTs by OCT 31.
A pan-India homebuyers’ organization ‘Fight for RERA’ had sought after the intrusion of COSL of both the upper and lower Houses to make certain that the final rules are framed and implemented by states within the ambit of RERA. RERA implementation is now the prime need of the country, which would finally proffer justice to the suffering homebuyers.
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