28 주, UT는 부동산 법령에 통보 28 states, UTs notify real estate legislation
[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd. Here I have an important Indian real estate news to share with you which is as undermentioned.
NEW DELHI: As many as 28 states and Union Territories (UTs) have so far notified the Real Estate (Regulation and Development) Act, 2016 in the country, an official said Wednesday.
According to the Housing and Urban Affairs Ministry, 20 states and UTs have established real estate appellate tribunals under the legislation, of which, seven are "regular" tribunals while there are 13 "interim" real estate appellate tribunals.
The act, which provides proper protection to home-buyers, was enacted by Parliament and states were given powers to notify their respective rules and appoint regulatory authorities.
Read more at: