RERA Gets More Teeth | India Development Debate | ET NOW | English News | Latest Update
23Soon another tool could help stuck home-buyers. Sources tell your channel that the government may make in mandatory to appoint recovery officers under the state RERA tribunals...These officers will ensure that builders compensate consumers on-time...The Central Advisory Council also suggests starting a ratings for builders or developers and plans to implement 'one nation one license' for real estate cos...But will appointing a recovery officer actually help these stuck homebuyers? Will it act as a deterrant and push developers to act in time? Will this single license make it easier for developers across the country to act more swiftly? That's what Tamanna Inamdar discusses. #RERA #ETNOW #IndiaDevelopmentDebate
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