Union Minister Hardeep Singh Puri on Thursday said the government will not amend any provision of RERA and warned states against tweaking rules of the centre's real estate law, asserting that it will lead to "harsh consequences".
However, later in the day, Housing and Urban Affairs Secretary Durga Shanker Mishra said the ministry will constitute a committee to "improve" implementation of the the Real Estate Regulatory Act (RERA) following suggestions received at a workshop on the legislation here.
"We will not tweak RERA," Puri told reporters on the sidelines of the workshop organised by his ministry amid growing demands from builders to change rules.
The minister said the "full benefit" of RERA will be realised only when its provision is implemented in letter and spirit.
RERA, which protects the interest of home buyers, was enacted by Parliament and states were given powers to notify their respective rules and appoint regulatory authorities.
Puri said the states which have made their own rules by tweaking provisions of the RERA will have to "fall in line, otherwise the consequence is very harsh".
There are some states who have watered down the provisions of the central legislation.
Asked about several home-buyers not being delivered their houses by developers on time, the Union minister said, "We will not hesitate from naming and shaming (of those developers not delivering flats on time)."
Mishra later tweeted, "Many suggestions were received from participants to improve implementation of RERA by way of removing the difficulties in the law being faced."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
