Implement RERA, forum tells West Bengal

Forum for People’s Collective Efforts (FPCE), a notfor-profit panIndia home buyers’ association, earlier popularly known as “Fight for RERA” has appealed to West Bengal chief minister to repeal West Bengal Housing Industry Regulation Act (WBHIRA) and implement the Real Estate (Regulation & Development) Act, 2016, in its true spirit as had been envisaged when RERA was unanimously passed in Parliament. FPCE secretary M S Shankar said the association had written to Mamata Banerjee, reminding her Trinamool MPs were part of the Parliamentary standing committee and select committee, which recommended a strong pan-India law for the un-regulated real estate sector to protect the life’s savings of home buyers. MP Md Nadimal Haque from Trinamool had spoken in the Rajya Sabha supporting passage of the RERA Bill during its passage on March 10, 2016. The state housing department had even convened a meeting of all stakeholders on January 10, 2017 to finalize the Draft West Bengal Real Estate (Regulation and Development) Rules, 2016, in which the movement’s national convener Abhay Upadhyay participated. Still, the state enacted WBHIRA 2017 instead of RERA. Legal Initiative for Forest & Environment and rating agency ICRA have also expressed concerns about dilution of RERA in WBHIRA.Forum for People’s Collective Efforts (FPCE), a notfor-profit panIndia home buyers’ association, earlier popularly known as “Fight for RERA” has appealed to West Bengal chief minister to repeal West Bengal Housing Industry Regulation Act (WBHIRA) and implement the Real Estate (Regulation & Development) Act, 2016, in its true spirit as had been envisaged when RERA was unanimously passed in Parliament. FPCE secretary M S Shankar said the association had written to Mamata Banerjee, reminding her Trinamool MPs were part of the Parliamentary standing committee and select committee, which recommended a strong pan-India law for the un-regulated real estate sector to protect the life’s savings of home buyers. MP Md Nadimal Haque from Trinamool had spoken in the Rajya Sabha supporting passage of the RERA Bill during its passage on March 10, 2016. The state housing department had even convened a meeting of all stakeholders on January 10, 2017 to finalize the Draft West Bengal Real Estate (Regulation and Development) Rules, 2016, in which the movement’s national convener Abhay Upadhyay participated. Still, the state enacted WBHIRA 2017 instead of RERA. Legal Initiative for Forest & Environment and rating agency ICRA have also expressed concerns about dilution of RERA in WBHIRA.