Draft 'Union Territories without Legislature' Real Estate (Regulation and Development) Rules, 2016

Draft 'Union Territories without Legislature' Real Estate (Regulation and Development) Rules, 2016
आरंभ करने की तिथि :
Jun 28, 2016
अंतिम तिथि :
Jul 11, 2016
09:00 AM IST (GMT +5.30 Hrs)
प्रस्तुतियाँ समाप्त हो चुके

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 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 of the Act which provides that “the appropriate Government shall, within a period of six months of the commencement of this Act, by notification, make rules for carrying out the provisions of the Act” 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 Rules on which the Ministry proposes to elicit general comments through the open forum for discussion on the MyGov portal.

Draft ‘Union Territories without Legislature’ Real Estate (Regulation and Development) Rules, 2016

रीसेट
70 सबमिशन दिखा रहा है
Shyam Banduni
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Shyam Banduni 6 साल 5 महीने पहले

Good Afternoon to your Hon'ble Prime Minister,
Thanks to launch of this amazing site for direct discussion with you.
My suggestion is, please don't mind sir.
We need to complete rest pending work first in Delhi.
Example pending parking work on brook since 4-5 years at Dakshin Puri Sector - 5, New Delhi - 110062. In between of Block F & G near of DSIDC factory compound. It,s basic need of local residences.
Please order to concerned authority to complete the pending work.
Sorry sir.

Amit Gupta_307
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Amit Gupta 6 साल 5 महीने पहले

Sir,

There in case of refund there should be a hedty fine of 18% to 24%. Else builder will have no motivation to complete the project. He will return money after using it for 5-6 years if penalty will be low. Also there should be jail terms for these builder mafias for not obeying the order as they don't care about govt and courts. They don't fear of any law. Please please please.

Balpasu@yahoo.com
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Balaji Pasupathy 6 साल 5 महीने पहले

Corporation and municipalities in these UT must be tasked to first provide drinking water, sewage, storm water drain, electricity supply, roads and pedestrians facilities before they provide permission for construction to begin. It is often buildings are first constructed and hapless citizens have to wait for these basic amenities to be provided. This trend needs to be reversed with municipalities taking the lead before construction begins.

Balpasu@yahoo.com
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Balaji Pasupathy 6 साल 5 महीने पहले

There is also need for establishing a national standards code for buildings. It is not uncommon to see buildings catch fire due to electrical short circuit. We have ISI code for electrical instruments to ensure quality and safety, however there is no standards for the mains supplying electricity to the complete building. Even if it is not easy task to apply for residential buildings such standards must be applied for commercial buildings as a minimum.