Mumbai The Maharashtra Legislative Assembly on Monday passed the Maharashtra Housing (Regulation and Development) Bill, 2012, which seeks to set up what will be the country’s first realty industry regulator. While the Bill is expected to be passed in the Legislative Council during the ongoing session, the law will come into force only following the President’s assent.
While the President’s assent could take up to six months, the government of Maharashtra will, in the meantime, draft rules and work towards finalising candidates to be appointed as members of the body.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/maharashtra-oks-housing-regulatory-bill
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/housing
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/legislation
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/housing-construction
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/construction-industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/budget
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/habitat-and-urbanisation
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/maharashtra
