Top court issues 12 directions to protect genuine buyers, strengthen tribunals, restore credibility in real estate market. Directions as court hears case of abuse of Insolvency & Bankruptcy Code.
Review has been planned amid growing calls for amendment of law governing RERA by current, old members to assure more powers for the body & to address homebuyers’ concerns, it is learnt.
Of 32 states & UTs with Real Estate Regulatory Authorities, at least 25 are headed by retd civil servants. SC remarked last month that RERAs are 'rehabilitation centre' for ex-officers.
Mercedes-Benz GLC 300 4MATiC, BMW X3 30 XDrive M-Sport Pro & Volkswagen Tayron R-Line 4MOTION are assembled in India, so upcoming FTA with the EU will not make them any cheaper.
By next weekend, Bangladesh will have an elected government. This is India’s moment to reboot broken ties by moderating the ‘ghuspethiya’ rhetoric in poll-bound West Bengal and Assam.
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