'Land' and 'Colonisation' being State subjects, it is primarily the responsibility of State Governments to provide for adequate Shelter and enact enabling regulatory measures to facilitate the same. However, the National Conference of State Ministers of Housing, Urban Development and Municipal Administration on 'Affordable Housing for All' held on 20.01.2009 inter alia resolved that the Central Government may prepare a model 'Real Estate Regulation Bill', which includes the issue of land valuation systems & mechanisms for use by State Governments to bring in adequate controls on urban development.
The proposed legislation is presently at the stage of consultations with various stakeholders. This information was given by the Minister of Housing and Urban Poverty Alleviation Kumari Selja in a written reply in the Lok Sabha today.