Real Estate (Regulation and Development) Bill 2013 : Applicable Only to New Projects..!

The Real Estate Bill will be applicable only to new real estate projects.

Those projects that have already been launched &  sold will not come under its purview.

Given the high number of new projects that have been launched in the past couple of years,most of which have yet to be completed and handed over to buyers,a significant number of buyers will fail to benefit from the Bill.

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