CREDAI, a national level body for developers, has a self imposed regulation and code of conduct which its members follow. It has a consumer redressal forum that arbitrates disputes in property deals.
Mr. Nandakumar said , ''By March (2012) end all the State level chapters of CREDAI will have a redressal forum and it is looking at setting up regional and national level committees. The Ministry of Consumer Affairs & CREDAI will work on a consumer awareness campaign that will highlight CREDAI's dispute redressal mechanism. A meeting is planned with the CREDAI and the authorities concerned"
No comments:
Post a Comment