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Realty regulator set to give voice to the people
The Delhi Development Authority (DDA) is the biggest ‘landlord’ of the Capital, owning large swathes of land in a city where land is scarce.
The Delhi Development Authority (DDA) is the biggest ‘landlord’ of the Capital, owning large swathes of land in a city where land is scarce. For most Delhiites, houses built and sold at affordable rates by the DDA are their only hope of owning a house in Delhi.
The dream of owning a DDA flat, however, could turn into a nightmare as allottees of the 2010 housing scheme of DDA have found out. Not only were the 16,000 odd buyers made to run from pillar to post to get possession of their flats after much delay, the flats they got were mostly incomplete and many complained of bad quality of construction.
Most residential complexes built by DDA as part of this scheme started receiving water and power connections only last month. DDA’s usual lackadaisical attitude, however, might change when the Real Estate Regulatory Authority Bill that was cleared by the cabinet on Tuesday comes into force after getting the Parliament’s nod.
The Bill has elaborately defined the term “promoter” to include not only private developers but also government agencies, which are into building and selling residential houses. This will automatically bring development agencies like DDA under the ambit of the legislation.
It will be mandatory for the promoter to register the housing project with the real estate regulator before it is launched. Mandatory public disclosure of all projects will include details like layout plan, carpet area and the number of the apartments booked, plan of development work, status of the statutory approvals, disclosure of proforma agreements, name and addresses of architect etc.
“This will go a long way in providing redressal to people who have bought such flats but were left unsatisfied with the construction quality as well as the facilities that have been provided,” said Ajay Maken, Housing & Urban Poverty Alleviation minister.
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