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Homebuyers’ body FPCE urges PM Modi to restructure RERA as consumer protection law

The Forum for People’s Collective Efforts has urged Prime Minister Narendra Modi to overhaul the Real Estate (Regulation...

Homebuyers’ body FPCE urges PM Modi to restructure RERA as consumer protection law
Source: Economic Times - Companies

The Forum for People’s Collective Efforts has urged Prime Minister Narendra Modi to overhaul the Real Estate (Regulation and Development) Act. They emphasize the critical need to distinguish consumer protection from the promotion of the real estate sector, citing persistent enforcement challenges. The group reveals that many homebuyers are facing financial losses due to stalled projects.

SOURCE: Economic Times - Companies
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