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May 02, 2016
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Real Estate Bill is an act now, may protect home buyers
The Real Estate (Regulation and Development) Bill, 2016, became an act on May 1, kick-starting the process of making rules as well as putting in place institutional infrastructure to protect the interests of home buyers in India. While acknowledging that the act is a positive development, property experts said the new rules should address problems faced by builders in getting sanctions and approvals in a timely manner.
Source -
http://economictimes.indiatimes.com
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