Central Advisory Council discusses legacy stalled real estate projects ...Middle East

Business Standard - Economy
Central Advisory Council discusses legacy stalled real estate projects
source : Business Standard ( Middle East ) () 32
The Central Advisory Council constituted under the Real Estate (Regulation and Development) Act on Tuesday discussed issues like legacy stalled projects and uniformity in rules framed by states and Union territories under the provisions of the Act. Union Housing and Urban Affairs Minister Hardeep Singh Puri chaired the CAC (Central Advisory Council) meeting where participants were informed that 32 states/UTs have set up real estate regulatory authorities. It was informed that Ladakh, Meghalaya and Sikkim are yet to establish any such authority, while six states/UTs (Arunachal Pradesh, Manipur, Mizoram, Telangana, Jammu and Kashmir, and Puducherry) are yet to establish permanent regulatory au

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