19.12.2011 - India: Realty industry needs regulator to promote ethical business
The Confederation of Real Estate Developers Associations of India (Credai) has once again brought to the centre-stage the issue of transparency by pushing it as a panacea for the negative perception about developers among policy-makers and the public. It is another matter the government has not caught this self-regulation bait and has made up its mind to bring a regulator. A section of developers is opposing the regulatory bill on the ground that the sector is already over-regulated. No one denies the need for simplifying policies and procedures...............................................Full Article: Source
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