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Pulling extensions to builders, the government is urgent

Pulling extensions to builders, the government is urgent
Written by news2in

New Delhi: Marking how Uttar Pradesh, Maharashtra and Karnataka Reras recently provided an extension of the SUO SUO SUO SIVITION DAME BATE for real estate projects, members of the Central Advisory Board (CAC) for Rera have urged the Ministry of Housing Union to direct the interesting country Given “in Garb” second wave Covid-19.
CAC is the body of peak advisors under the Real Estate Regulatory Law (Rera), a central action aimed at protecting the interests of home buyers led by housing and the minister of urban affairs Hardeep Singh Puri.
In a letter aimed at the Secretary of the UNI Housing, CAC members and Pan-Indian body heads Buybuyers, FPCE, Abhay Upadhyay, marked how last year the center in “pretext of Covid-19 Pandemic” provides an extension of SUO-motu six months for settlement of real estate projects throughout the country.
It has delegated authority to Reras stating to provide a three-month extension.
“This was carried out by CAC meetings in April 2020 only with the only purpose to provide assistance to builders at a large cost of home buyers …, Maharashtra, above and Karnataka have been reckless, openly ignoring the rights of home buyers, have given Another extension to the real estate project under the Second Covid-19 wave Garb, “said Upadhyay.
The letter stated that on August 6, Maharashtra Rera extended the time line for the settlement of the project for six months; On August 18, Rera extended the time limit of completion for nine months and on August 27, Karnataka Rera gave the same extension for six months.
Cac members have said advisers 2020 by the Ministry of Housing “under pressure from the builder has opened the door of the extension water”.
He said the authorities raided randomly gave a blanket extension even when there was no termination of work or complete locking announced by the central government or by any state government.
Upadhyay said his organization had opposed the extension of the blanket like that last year when brought to the CAC.

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