New watchdog for Indian real estate market will mean registration of developers and property brokers

Discussion in 'India property' started by Nicholas Wallwork, Sep 16, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]The final details for a new law to regulate the real estate*industry in India and establish a new regulator are being*drawn up with a bill expected before parliament in November.

    The ambitious real estate regulation bill, aimed at*facilitating growth and promoting a transparent, efficient and*competitive real estate market in the country, is expected to*introduce a system of rating for builders and developers.



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