September 26,2017:
The council will advise the Government at the Centre on matters concerning the implementation of the Act.
In yet another by Centre to ensure that the home buyers’ interests are protected and better implementation of real estate regulation law or RERA, has started the process of setting up of Central Advisory Council.
31-member Committee will include the Secretaries from the Ministries, Representatives from the State Departments, the flat buyers associations and the Construction Workers Advisory Committee.
Sources stated that it will also have members from Builders’ Association besides the Representative of the Namma Bengaluru Foundation.
According to RERA,Council will advise Central Govt on the matters concerning implementation of Act and towards the protection of the consumer interest and to foster growth of Real Estate sector.
Read Laws @ Latest Laws-
Real Estate Regulation and Development Act,2016
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