RERA President Anthony Disa has said that RERA Act has been made keeping in mind the interests of home buyers. He said that the intention of the Act cannot be fulfilled without making the home buyer aware. Mr. Disa said that this is a social responsibility that fulfills the dreams of the needy. Important role and participation of legal experts is necessary in this work. Mr. Disa was addressing a workshop on ‘Real Estate Regulation and Development Act’ here today.
this is a social responsibility that fulfills the dreams of the needy.
Mr. Disa said that it is necessary for the real estate sector to follow RERA rules. He said that the RERA Act is the key to the success of the residential sector. The Act is citizen centered but not against builders. With the coming of RERA Act in the state, the real estate sector has changed radically. He said that the changes that will bring about this will increase the demand in the market with more buyers from the builders. On time, buyers will be able to get preferred accommodation from their hard earned money. The RERA president said that real state is an important component contributing to the Indian economy. With this social needs are fulfilled and the economy gets a boost.
The second session speaker Prateek Jain, Apoorva Taran Jain Law Associate, discussed the basic nature of RERA, the state of marketization. He made the home buyers aware of the protective aspects of RERA and the powers of the Act by clarifying the exact condition of the overall effect of RERA Act.