Indian Real Estate Regulatory Bill awaits cabinet approval today!
The Indian real estate regulatory bill is way behind schedule in terms of it getting a nod from the centre but today, it is up for consideration as we write this.
The bill aims at introducing and monitoring best practices in the largely unregulated real estate market of India. The property buyer has a lot to look forward to as failed projects, misleading advertisements and other malpractices by developers across the country have struck all the major chords wrongly. The real estate regulatory bill could also be an answer to investors and home buyers who have invested in projects that did not materialise for them.
There is a lot riding on this today. The bill is also a huge step ahead for the consultants and transaction advisors as they would be the key people to bridge the gap between today and tomorrow.
Expect our stupid in depth analysis on this very soon.
Cheers!
The bill aims at introducing and monitoring best practices in the largely unregulated real estate market of India. The property buyer has a lot to look forward to as failed projects, misleading advertisements and other malpractices by developers across the country have struck all the major chords wrongly. The real estate regulatory bill could also be an answer to investors and home buyers who have invested in projects that did not materialise for them.
There is a lot riding on this today. The bill is also a huge step ahead for the consultants and transaction advisors as they would be the key people to bridge the gap between today and tomorrow.
Expect our stupid in depth analysis on this very soon.
Cheers!
It is good news that the Indian real estate regulatory bill is up for the consideration. The aims of the bill is also good so in case it get approved than there will be a good impact of it on home buyers and other property buyers.
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