July 13, 2009
The Government has announced that it is considering model legislation on regulating real estate in Delhi. In reply to a written question in the Rajya Sabha, minister of state for urban development Saugata Roy said that the Delhi Real Estate Management (Regulation and Control) Bill can also serve as a reference for other states.
The minister, however, ruled out the constitution of a regulator for real estate sector for the entire country, saying matters pertaining to local governance and land falls in the list of state subject as per the Constitution.
Ref:http://www.indianrealtynews.com/real-estate-india/delhi/govt-to-consider-model-legislation-on-regulating-real-estate-in-delhi.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment