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Rajya Sabha passes Real Estate Bill
Updated On: 10 March, 2016 06:26 PM IST | | PTI
<p><span>The Real Estate Bill, pending before parliament since 2013, which aims to protect the interests of property buyers from unscrupulous promoters and regulate the real estate sector. was on Thursday approved by India's upper house of parliament</span></p>
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New Delhi: A bill seeking to regulate the real estate sector, bring in transparency and help protect consumer interests was passed by the Rajya Sabha today.
Moving 'The Real Estate (Regulation and Development) Bill, 2015' for consideration and passage, Urban Development Minister M Venkaiah Naidu said it aims to protect the interests of buyers and bring more transparency in the sector.
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