Real estate law: CAC concerned over diluting of key provisions by some states

The Central Advisory Council (CAC), set up by the government for effective implementation of the real estate law in the country, in its first meeting today expressed concern over some states diluting key provisions of the legislation, a senior official said.

It also expressed concerns over some of the states not yet notifying their real estate rules and not setting up permanent real estate regulatory authority, the official of the Union Housing and Urban Affairs ministry said.

The official said only 27 states have notified their rules under the Real Estate Regulation (and Development) Act, 2016 amid reports of some of the states diluting provisions of the law in favour of builders.

However, all Union Territories (UTs) have notified the rules.

As many as 10 states have established their permanent regulatory authority, while 19 states have set up interim authority, the official said.

At the meeting, it was also decided that the ministry will write to the states, asking them to upload the comprehensive list of projects under RERA on their website, the official said.

Union minister Hardeep Singh Puri tweeted, "There will be 3 regional consultations & follow ups. Let me make it clear, RERA has been enacted to clean the mess accumulated in the unregulated construction sector for decades. This is also an important requirement for builders who play by the rules."