In an attempt to woo urban voters in Noida, Union minister for Urban Development Venkaiah Naidu said that Bharatiya Janata Party (BJP), if elected in the state, will introduce the union government’s Real Estate Regulation and Development Act (RERA) to end the woes of homebuyers and builders.
Naidu was speaking at a public event in Kailash Hospital on Tuesday evening, campaigning for BJP’s Noida candidate Pankaj Singh.
“Our party is aware of the problems faced by builders and homebuyers of Noida and Greater Noida. We have introduced the RERA and now the Uttar Pradesh government should introduce a regulatory body for the implementation of the Act. If BJP secures a win in the state, we will end the woes of the public,” Naidu said.
The RERA, meant to safeguard the interests of homebuyers against unscrupulous builders, was introduced in May 2016. It facilitates the formation of a real estate regulatory authority meant to address the grievances of buyers and introduce transparency in builders’ projects. Every state needs to ratify the Act individually and UP government has already introduced its version of the Act in November 2016.
However, Naidu on many occasions, has shown his displeasure against the ‘dilution’ of the Act by individual states.
Speaking of the chances of fraud by builders, when the public private partnership (PPP) model comes into effect for construction of houses under the Prime Minister Awaas Yojana, Naidu said, “The amount will be sanctioned through the district administration. So not every builder can claim that he is building houses under the scheme.”
The minister also hit out at the Akhilesh government saying Samajwadi Party’s governance failure has made UP poor and sick.
“Uttar Pradesh is still called a ‘bimaru’ (sick) state and that is due to the governance failure of Akhilesh Yadav. The condition of states where the BJP government is ruling has improved and it is time that the public of UP removed this inefficient government,” Naidu said.
Taking a jibe at the Congress and Samajwadi Party alliance, Naidu said the two parties are now engaged in a comic fight. “The cycle’s handle is now with the Congress and Akhilesh is left with the tyre. Such is this alliance,” he said.