Draft ‘Union Territories without Legislature’ (Agreement for Sale) Rules, 2016

Draft ‘Union Territories without Legislature’ (Agreement for Sale) Rules, 2016
Last Date Aug 18,2016 00:00 AM IST (GMT +5.30 Hrs)
Submission Closed.

Brief Background of the Real Estate Act, 2016: ...

Brief Background of the Real Estate Act, 2016:

The Real Estate (Regulation and Development) Bill was passed by the Rajya Sabha on 10th March, 2016 and by the Lok Sabha on 15th March, 2016. The Bill as passed by the Parliament was assented to by the Hon’ble President on 25th March, 2016. The Real Estate (Regulation and Development) Act, 2016 was published in the Official Gazette on 26th March, 2016 for general information. Copy of the Act is available on the website of the Ministry of HUPA at the following link - http://mhupa.gov.in/writereaddata/Real_Estate_Act_2016.pdf

The Real Estate Act, 2016 aims at protecting the rights and interests of consumers and promotion of uniformity and standardization of business practices and transactions in the real estate sector. It attempts to balance the interests of consumers and promoters by imposing certain responsibilities on both. It seeks to establish symmetry of information between the promoter and purchaser, transparency of contractual conditions, set minimum standards of accountability and a fast-track dispute resolution mechanism.

Brief Background of the Draft (Agreement for Sale) Rules under the Real Estate Act, 2016:

Specified sections of the Real Estate (Regulation and Development) Act, 2016 have come into effect from 1st May, 2016, including section 84(2)(h) of the Act which provides that ‘the appropriate Government shall notify, within a period of six months of the commencement of this Act (i.e. by 31st October, 2016), rules towards the form and particulars of agreement for sale specified under section 13(2)’ i.e. by 31st October, 2016. As per section 2(g)(i) of the Act, the Ministry of Housing & Urban Poverty Alleviation is the appropriate Government for Union Territories without Legislature.

In this regard, the Ministry has prepared the Draft ‘Union Territories without Legislature (Agreement for Sale) Rules, 2016’ on which the Ministry proposes to elicit general comments through the open forum for discussion on the MyGov portal.

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86800
JAGDISH PATHAK 4 years 2 months ago

Hon. PM & Govt. have made good effort to regulate the real estate transaction, I want to suggest that, the act & rules related to such matter of real estate should be transparent and any mischif or malpractices should be stopped, but, the business of real estate should not be discouraged or restrict the function of such business. the safety of consumers money and assurance of possetion is enough, but, the additional control will adversely effect and malpractices,black money will increase,thanks

320
RAM JAGLAN 4 years 2 months ago

As real estate prices are down and there are no sales. To revive home sales, govt. should put
moratorium on new construction by real estate companies in NCR except for poor people for 5 years.I think there is glut of housing construction.

3320
Kameswara Rao Pulavarty 4 years 2 months ago

Why Union Territories without Legislature question arises when UTs are designed to have with no Legislature. What is the necessity to continue them as UTs. Better merge with nearby States and check how much our Nation saves money.

720
Satish Kapoor 4 years 2 months ago

Is Govt justified in providing jobs in Ministries thru contractors on temporary bases? Is this not crime against poor job seekers and exploitation of poors ? Persons who due to worsening job market are forced to bribe contractor for seeking job at almost 33 percent of wages as compared to regular employee that too without any fringe benefits, out of this person has to pay one month salary out of 12 month salary to contractor. Contractor claims that for securing contract he has to bribe officials

2020
lalit mohan tiwari 4 years 2 months ago

माननीय मोदी जी कृपा कर उन ठेकेदारो पर कार्यवाही करे जो समय पर प्रोजक्ट पूरा नही करते है उनका लाइसेंस निरिस्त कर देना चाहिए अगर सख्त कदम उठाएंगे तो वह काम जल्दी पूरा करंगे

320
Vijay Shinde 4 years 2 months ago

प्रोजेक्ट से संबंधित सभी जानकारी साइट पर डाली जाये और यह कार्य बिल्डर ही करे, सभी बाते "हा" या "ना" दो ही शब्दो में हो, जैसे :
1) प्रोजेक्ट को शासन की मंजूरी है - हा / ना
२) टाइटिल क्लीयरेंस - हा / ना

1320
Ankur Soni 4 years 2 months ago

सभी बिल्डर्स के प्रोजेक्ट तथा उनकी डिटेल्स एक ऑनलाइन पोर्टल पर हो ताकि ग्राहक किसी प्रोजेक्ट की सही वस्तुस्थिति जानकर प्रॉपर्टी ख़रीदे| इससे सरकारी अधिकारी भी जवाबदेय होंगे|

320
Valentina 4 years 2 months ago

Every individual before dealing with any builder should know his\her responsibility.
1.check the property,name,verify,sell deed,witness,proper information about the dealer.
2.proof,identity,online money transfer containing the real name of the dealer.
3.Gov't agency should appointed special civil branch officers in charge.
4.The sell deed of both the seller and buyer should be done infort of minimum 6/7 people so that there will be no victim.heavy punishment should b charge.

2720
ankit sharma 4 years 2 months ago

If still builder violates the rules then from immediate effect he should be ban for next 10 years for any project development/buying/selling activity.Also if any gov authorities find guilty during the process, they should be terminated (not suspended) from their job. Beleive me if you implement this rule there will be 0% corruption in real state market and we will not see any more "Niranjan Kumar's Family" (Pathankot attack Martyr) who lost their home in Bangalore demolition drive today.