SME Times is powered by   
Search News
Just in:   • India's industrial production registers 1.2 per cent growth in May  • Govt committed to building safe and smart energy future: Minister  • Sanchez defends Spain's defence budget in response to Trump's threats  • Iran says no agreement made to resume US talks  • India’s engineering goods exports to US rose 4.6 pc in May despite tariff turmoil 
Last updated: 20 Aug, 2019  

Realty.9.Thmb.jpg RERA a resounding success: Minister

Realty.9.jpg
   Top Stories
» India's industrial production registers 1.2 per cent growth in May
» Govt committed to building safe and smart energy future: Minister
» QCOs benefit MSMEs by enhancing product quality, consumer satisfaction: Piyush Goyal
» Stock market opens higher as Trump indicates ‘great’ trade deal with India
» Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman
SME Times News Bureau | 20 Aug, 2019

Minister for Housing & Urban Affairs Hardeep Singh Puri said that RERA has seen a resounding success.

Inaugurating the “Housing for all 2022: NAREDCO 15th National Convention: Real Estate Reflection Point: Readying for the future", the Minister said that “RERA has seen a  resounding success, RERA is here to stay & has begun to show effect. Yes, We have a few things to iron out but the regulator has come to be accepted by stakeholders and those who felt victimised earlier.”  

The event was organised by National Real Estate Development Council (NAREDCO) here today. Present at the event were Shri Niranjan Hiranandani, President, NAREDCO along with other stakeholders from the sector.

NAREDCO  was established as an autonomous self-regulatory body in 1998 under the aegis of Ministry of Housing and Urban Affairs, Govt. of India.

The Minister further added that “I am confident that Housing For All targets will be achieved well in time. With an enhanced target of 1.12 million Houses, We have already sanctioned 85 lakh Houses of which construction is in progress in more than 50 Lakh Houses apart from the 27 Lakh Housed which have already been delivered”.

Speaking about the Draft Model Tenancy Act(MTA), 2019, which has been shared with the States/UTs for seeking their views/comments the Minister said that more than 400 responses have been received from various stakeholders.

He further added that with rental policy in place,  together with housing policy and other efforts from the ministry,  should  help revive/kick start one of the most important sectors of our economy.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter