Law to regulate real estate in Delhi?

Published: July 10, 2009
Share

The Central government said on Thursday it is considering a model legislation on regulating real estate in Delhi.In reply to a written question in the Rajya Sabha, Minister of State for Urban Development Saugata Roy said “the Delhi Real Estate Management (Regulation and Control) Bill” could serve as reference for other states.

The minister, however, ruled out the constitution of a regulator for the real estate sector for the entire country, saying matters pertaining to local governance and land falls in the list of state subjects as per the Constitution. CWG stadiums will be ready in time: Govt. The government on Thursday said all stadiums to be used for the next year’s Commonwealth Games in Delhi would be completed before the due date.

In a written reply in Rajya Sabha, Minister of State for Urban Development Saugata Roy said that the Jawaharlal Nehru stadium and IG stadium would be completed by March 2010 and SPM swimming pool complex by January next year.Similarly, the MDC National Stadium would be completed by November 2009 and the Dr Karni Singh shooting range by December 2001.

Source: Hindu


Posted under categories: News
Tags: , , ,

About Zamanzar

Zamanzar Advisory Pvt. Ltd. is a real estate advisory firm located in New Delhi, India. We offer online property search tools and offline services to help complete the transaction. Our services cater to real estate buyers, renters, and sellers. Visit Zamanzar to find out more!

Leave a Comment

Name (required)

Email (required)

Website

Comments

More Blog Posts