The Real Estate (Regulation and Development) Bill should be welcomed by investors and builders, because it will ensure transparency in the real estate sector.
The Real Estate (Regulation and Development) Bill should be welcomed by investors and builders, because it will ensure transparency in the real estate sector. Builders should support it because it will bolster buyer confidence and encourage them to invest in real estate. It will also weed out fly-by-night builders. Moreover, it will ensure that projects are completed on time as 70 per cent of the money shall have to be placed in escrow accounts.
Ashok Goswami
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