Real estate bill to help regulate the sector
Union Minister of Urban Development and Housing M. Venkaiah Naidu said “changes in the real estate bill will help regulate real estate sector” and will be more “consumer friendly”. “We have received a few responses from the public and after that we have finalised these rules,” he said at the International Film Festival of India (IFFI) press conference. “The act is really going to help us regulate the real estate sector, to improve the sector and also help the helpless consumers who have been harassed so far,” he added.
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