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News Business Real Estate Regulation Bill likely in Budget session

Real Estate Regulation Bill likely in Budget session

New Delhi, Jan 9: The government is likely to come up with a Bill in the forthcoming Budget session of the Parliament to regulate the real estate sector, Housing Minister Ajay Maken said on Wednesday.The

real estate regulation bill likely in budget session real estate regulation bill likely in budget session
PTI January 09, 2013 17:37 IST
New Delhi, Jan 9: The government is likely to come up with a Bill in the forthcoming Budget session of the Parliament to regulate the real estate sector, Housing Minister Ajay Maken said on Wednesday.



The Minister said the Real Estate Regulation Bill aims to establish a regulatory authority for enforcing fair practice and accountability norms and fast track dispute resolution mechanism in real estate transactions.

"Inter-ministerial consultation are still on.

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