Housing and urban affairs ministry is willing to make changes in the Real Estate (regulation and development) Act, for better implementation of the law without affecting the core features which are aimed to protect the consumers.
Sources say that different stakeholders including the state governments & regulatory authorities are seeking clarity in some provisions of RERA.
These provisions include the carpet area definition, workmanship and structural deficiencies liability enforcement, applicability of promoter in cooperative housing societies and regulators role in enforcing penalties.
The above issues were discussed in a review meeting chaired by Durga Shanker Mishra, housing and urban affairs secretary. “The secretary directed the concerned officials to examine the veracity of difficulties in detail and the possibility of addressing them under the ‘clause for removing difficulties’ provisioned in the RERA act,” says a government official. According to the ministry of housing and urban affairs, 25 states and Union Territories have notified real estate rules under the Act.