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Real Estate Briefing - Categorized | Asia Pacific, Regulatory more

India: Regulations mooted for real estate sector

Posted on 21 December 2010

From Indiatimes.com: With 11 of the 130-odd complaints it has received pertaining to real estate, the investigative wing of the Competition Commission of India (CCI) has suggested that the central and state governments frame much-delayed real estate regulation to safeguard customers.
The suggestion formed part of an internal report by director-general (investigation) A K Chauhan following complaints raised by some customers against a real estate major. The customers had alleged that the company had violated its “position” by putting extra clauses in agreements in some projects……………………………………….Full Article: Source


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