A draft bill on the much-awaited real estate regulator that will protect the interest of home buyers by healthy real estate sector has drawn the ire of developers. “The government is trying to play nanny to the home purchaser,” said Kumar Gera, chief of the Confederation of Real Estate Developers’ Associations of India (CREDAI). (more…)

A draft bill on the much-awaited real estate regulator that will protect the interest of home buyers by ensuring a transparent and healthy Indian real estate sector has drawn the ire of developers. (more…)

Industry body Assocham today said the government should appoint a real estate regulator to help expedite the redressal of consumer grievances. ” There is a need for an efficient and focused regulatory body to overlook functioning of the real estate sector in order to insure the industry development and safeguard of consumer interests in line with international benchmark,”the chamber said. (more…)