RERA being the Custodian of the Law, Advisory Council to the Housing Ministry

The Real Estate Regulatory Authority (RERA), the custodian of the act, states that there is no room for tampering when it comes to Real Estate Law. This decision was made by Hardeep Singh Puri, who is currently heading the Central Advisory Council (CAC) during the council’s last meeting.

The gathering of the Central Advisory Council (CAC) has been presented in the public where the Supreme Court has placed a timeline for May 15^th for the Central and State Governments to submit all their details of the rules placed by them and to submit them to check if they are in par with the Central rules. During the previous meeting, the Ministry had submitted enfeebled details by the States regarding the Builder-Buyer agreement.

Mr. Puri, while addressing the meeting, stated his observations on the dilution of RERA by a few states in their rules framed under the Real Estate Regulatory Authority (RERA). Abhay Upadhyay, representing the homebuyers in council had flagged the dilutions. The council that had been observing the meeting and being the custodian of RERA, voiced that the Ministry must purpose themselves for the non-dilution of RERA.

Although, what had surprised the homebuyer's group was the details that had been placed before the Supreme Court barely four days after this CAC. The status study report on the compliance of the earlier SC direction which has been submitted by the Central shows that the ministry had sought details of the lone “Agreement for sale”, which is commonly known as arsenic “Builder-Buyer Agreement”, from different states.

The Honorable Court had sorted out the details of both the “builder-buyer” agreements and the rules that were framed by the states that fall under the RERA. The fact that’s more blazing is that even on the Marth 12^th, barely hours after Mr. Puri’s direction to ministry officials to put forth everything before the apex tribunal in “Black and White”, the ministry had sent a reminder to the States that are seeking details of lone the “Agreement to Sale” which is framed by the States and to submit an examination of their rules with the one notified by the Central. Hence, the States that provided details that are confined to themselves to lone “Agreement for Sale” rules and did not springiness details of their own RERA Rules.