Bombay High Court is upholding the constitutional validity of the Real Estate Regulation and Development Act (RERA) intimating that “ongoing projects” too would come under RERA ambit, the issue has been settled once and for all by Minister of Housing and Urban Affairs on Thursday.

State governments will now have no scope to loosen the regulation by either keeping ongoing projects out of RERA or defining them in their own convenient ways.

Source: Financial Express