Stating that around 5 lakh home buyers are stuck, the association suggested that all projects that are delayed by more than one year should be identified within one month. NEW DELHI: A home buyers association has written a letter to the Prime Minister demanding creation of a task force to identify stuck housing projects and nominate a PSU to complete these homes through creation of a stress fund. Read more at: https://realty.economictimes.indiatimes.com/news/industry/home-buyers-body-wants-psu-to-complete-stuck-projects/70730613

This comes after the Central Advisory Council (CAC) headed by Union housing minister Hardeep Singh Puri recommended to the ministry to ensure that no entity dilutes the rules under RERA. NEW DELHI: The housing and urban affairs ministry is compiling the rules notified by state governments under the real estate law, RERA, to assess the extent of dilutions they have carried out compared to the Central Act, TOI has learnt. Read more at: https://realty.economictimes.indiatimes.com/news/industry/housing-ministry-to-assess-extent-of-dilutions-in-rules-by-states-of-central-rera/91555559

Real estate services firm Anarock says, there are around 13,000 units in Kolkata worth Rs 7,300 crore that were launched and currently delayed. KOLKATA: A leading real estate consumer forum has written to Prime Minister Narendra Modi pointing out that unfinished projects in West Bengal as well as Telangana, Haryana, Uttar Pradesh, Andhra Pradesh, Karnataka, Tamil Nadu, Punjab, Maharashtra, Madhya Pradesh and Chhattisgarh had been kept outside the purview of RERA, and hence, ineligible to seek funding from the Rs 25,000 crore corpus that had been created to help complete projects that are stalled. Read more at: https://realty.economictimes.indiatimes.com/news/industry/real-estate-consumer-forum-writes-to-pm-on-unfinished-projects/72018595