Comments on The Real Estate Act is a game changer - 6 things to know about it

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vswaminathan

vswaminathan

Wrote on 25 February 2017  

OFFHAND The tragedy is that the two teams of players - being the governments at the centre and the states, are, as is to be readily gathered, not any serious about playing the game - nay set ready to go. So much so, it is primarily the ultimate stakeholders, being the investors / buyers, who have been / continue to be in an unenviable position, as ever before, to suffer lifelong hardships. Cross Refer: Related material, in varying forms, a plethora of those available in public domain, but with no serious takers !



NC Mistry

NC Mistry

Wrote on 24 December 2016  

The Act is in force since May 2016. However many of the States are yet to implement the Act. Therefore, in practice the Act is not in force in those States. It defeats the objective of the Government.


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