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Real Estate Regulatory Bill: Amendments and Highlights

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The much awaited ‪#‎RealEstateRegulatoryBill‬ is pending in Rajya Sabha. But what makes it imperative for Indian Real Estate? Here's what you need to know!

Published in: Real Estate
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Real Estate Regulatory Bill: Amendments and Highlights

  1. 1. Highlights of Real Estate Regulatory Bill 2016 &
  2. 2. .. Highlights of Real Estate Regulatory Bill Mandatory disclosure of all registered projects
  3. 3. .. Highlights of Real Estate Regulatory Bill 2 E Single window Clearance to speed up correction
  4. 4. .. Highlights of Real Estate Regulatory Bill Builders to be liable for structural defects for 5 years
  5. 5. .. Highlights of Real Estate Regulatory Bill Builders to deposit 70% of the amount raised from buyers . ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... .. us
  6. 6. .. Highlights of Real Estate Regulatory Bill Equal rate of interest to be paid in case of default or delays
  7. 7. Highlights of Real Estate Regulatory Bill 0 Promoters barred from changing plans & design without buyer's consent
  8. 8. Highlights of Real Estate Regulatory Bill Allottees should take possession in two months of issuance of OC
  9. 9. Highlights of Real Estate Regulatory Bill 9 Provision for arranging insurance of land title
  10. 10. .. Highlights of Real Estate Regulatory Bill 0 o o o o o a u u o o 0 n O - o a O o o a o n - Establish Real Estate Regulatory Authority in each State/ UT
  11. 11. ‘LR . , _. : -7 some: 1 YARDS ' ii, ‘ ; ‘'. 'a - ‘I. '55 A , is l I i~. =""i l ‘ 1 I-' W’ l l ‘ ' » ”ll, _‘l)J‘lM ‘V ‘i‘9‘£I“L“lf‘-. l:"'; .'lV"1l? c"y(){"lq Highlights of Real Estate Regulatory Bill 2 D {J , s.-1«: §=: » Q7? 7 1 0., ’_. i.i -h‘—A4. . .g. _,“. .__. '_, ,AqV_. _._u . ._. 1 . . . . . . . ,. i . £7‘
  12. 12. 4 SQUARE I YARDS “<I Square Yards You H 0 Tube / SquareYards @Square Yards / The5qUaFeYafdS

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