As per a recent order by Bombay High Court upholding constitutional validity of the Real Estate Regulation and Development Act (RERA) with ongoing projects included, has come as a blow for the Haryana government.
The government has kept the majority of ongoing projects out of RERA ambit.
Union Minister for Housing and Urban Affairs stated yesterday that state governments would have no scope to loosen regulation by either keeping ongoing projects out of RERA or defining those in their convenient ways added to the government’s discomfiture.
Haryana had kept a majority of ongoing projects out of the purview of RERA, allegedly under influence of builders. The government had justified the move by saying rules framed by it took care of both home buyers as well as builders.
Source: The Tribune