The Real Estate (Regulation and Development) Bill was passed in the Rajya Sabha recently. According to the government, the bill would guard the interests of the home buyers and would set accountability & transparency in the industry. However, the builders have raised concerns over certain provisions in the bill.
This week in Sarokaar we discuss whether the bill would safeguard home buyers from the fraud played by some builders and how effective it would be to regulate the current real estate sector in India.
Guests: K C Tyagi, MP, JDU ; Ananda Bhaskar Rapulu, MP, Congress ; Prabhat Jha, MP, BJP ; Alok Kumar, President Federation of Apartments Owner Association ; Gaurav Gupta, Joint Secretary, CREDAI ; Trina Roy, Programme Associate, PRS.
Anchor: Amrita Rai