RAGHAVENDRA KAMATH
Mumbai, February 13
FOLLOWING THE SUPREME Court’s sharp criticism of RERA authorities, property developers and legal experts have pushed hack, arguing that It would be unfair to dismiss the structural changes brought about by the Real Estate (Reg ulation and Development) Act and paint all state regulatorswith the same brush.
Court had also said some RERA bodies had become “rehabilita tion centres for former hureaucrats. However, itide try voices say pertene varies significanthross states. “In Maharashtra.alot of good work is happening. some states it is effective, th othem, it is not,” said Niranjan Hitanandani, Managing Direc In
tor, Hiranandani Group. He pointed to Maharash tra’s track recorti in publishing project details, appointing speorders and imposina peties. “It has mghargreater confidence peng buyers compared to the pre-RERA era,” he added.
Satinder Duggal
