Telangana Govt. to Notify Real Estate Rules Soon

The Telangana government will notify the Real Estate (Regulation and Development) rules soon. Minister for municipal administration and urban development K T Rama Rao has directed officials to prepare draft rules and submit it to the government for approval, an official release said.

“The government is closely studying all the rules notified by various state governments and also the rules notified by the Centre for union territories. Protecting the interest of the buyer is of paramount importance for the government,” the release said quoting the minister.

Rao however, felt that the genuine concerns of the real estate sector which is a huge provider of employment should also be addressed duly protecting buyers while framing the rules.

The Telangana government will notify the Real Estate (Regulation and Development) rules soon. Minister for municipal administration and urban development K T Rama Rao has directed officials to prepare draft rules and submit it to the government for approval, an official release said.”The government is closely studying all the rules notified by various state governments and also the rules notified by the Centre for union territories. Protecting the interest of the buyer is of paramount importance for the government,” the release said quoting the minister.Rao however, felt that the genuine concerns of the real estate sector which is a huge provider of employment should also be addressed duly protecting buyers while framing the rules.The Telangana government will notify the Real Estate (Regulation and Development) rules soon. Minister for municipal administration and urban development K T Rama Rao has directed officials to prepare draft rules and submit it to the government for approval, an official release said.”The government is closely studying all the rules notified by various state governments and also the rules notified by the Centre for union territories. Protecting the interest of the buyer is of paramount importance for the government,” the release said quoting the minister.Rao however, felt that the genuine concerns of the real estate sector which is a huge provider of employment should also be addressed duly protecting buyers while framing the rules.

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