Real Estate Bill 2015 will bring more
transparency..!
Mr. Anuj Puri, chairman and country head at
property consultancy JLL India, said, ‘’The Real Estate Bill 2015 will bring
more transparency and accountability into the sector, which will in turn help
reduce the cost of capital. This will be good for both developers and property buyers,
Puri said.
"However, it needs to be ensured that it
(the proposed regulator) does not become one more approval authority as we
already have many of them," he said. "
To begin with, we could have started with large
projects and then brought smaller ones under its ambit, as it will be too much
of volume to handle at a time when we are starting with it."
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