Contours of Real Estate (Regulation and Development) Act, 2016
The much awaited and widely anticipated Real Estate (Regulation and Development) Act, 2016 comes into force on May 1st, 2016 setting in motion the process of making necessary operational rules and creation of institutional infrastructure for protecting the interests of consumers and promoting the growth of real estate sector in an environment of trust, confidence, credible transactions and efficient and time bound execution of projects. Currently only 69 sections out of 92 se