July 29, 2026 03:01 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Assam floods: Death toll stays at 68 as over 5.24 lakh continue to battle deluge | 'Probe is meaningless if responsibility isn't fixed': Supreme Court slams Delhi Police over CJP protest crackdown | 'No protester will be left alone': CJP claims Centre shared FIR withdrawal copies after midnight talks | Bihar cop suspended after viral AK-47 firing video during NEET protest crackdown | After Dharmendra Pradhan's exit, 'E20 Janta Party' emerges, demands Nitin Gadkari's resignation over fuel policy | 'Can't lathicharge people just because they are protesting': Supreme Court slams Delhi Police over NEET protest crackdown | 'Victory of democracy': Sonam Wangchuk congratulates Gen Z as Dharmendra Pradhan resigns after month-long NEET protests | 'Democracy has triumphed': CJP celebrates as Dharmendra Pradhan quits, warns Centre 'Don't mess with cockroaches' | Centre buckles under CJP-led NEET protests; Dharmendra Pradhan quits as Education Minister | Delhi Police flags 2,500 suspected criminals at Jantar Mantar amid NEET protest

Both houses of Parliament pass real estate bill

| | Mar 15, 2016, at 11:41 pm
New Delhi, Mar 15 (IBNS) The Real Estate Bill, which is aimed at safeguarding the interests of the buyers from promoters who do not deliver on time, was passed on Tuesday by Parliament.

The  Real Estate (Regulation and Development) Bill, 2015, which aims to infuse transparency and curb the flow of unaccounted money into the sector, was passed by Rajya Sabha last Thursday and now by the Lok Sabha too.

 
Now it will be a law after the approval of the President. 
 
Congress, which had introduced the bill in 2013 when it was in power, also supported the Real Estate (Regulation and Development) Bill  in Parliament.
 
The Union Budget presented by finance minister Arun Jaitley on Feb 29 offered some good news for home buyers and the real estate sector—viz. incentives for first-time home buyers, making affordable housing more viable and removing dividend distribution tax (DDT) on real estate investment trusts (REITs).
   
#Real Estate Bill # parliament # home buyers

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: BJP holds Tiranga Yatra in Kolkata amid tensions after NEET protest violence
In Images: BJP holds Tiranga Yatra in Kolkata amid tensions after NEET protest violence Jul 27, 2026, at 09:39 pm
In Images: Doctors, medical staff participate in victory march in Kolkata after Pradhan resigns
In Images: Doctors, medical staff participate in victory march in Kolkata after Pradhan resigns Jul 25, 2026, at 05:41 pm
In Images: CJP, SFI hold Kolkata protest seeking Dharmendra Pradhan's resignation in NEET row
In Images: CJP, SFI hold Kolkata protest seeking Dharmendra Pradhan's resignation in NEET row Jul 24, 2026, at 10:36 pm
Related Videos
From Protest to Party? CJP’s Gen Z Culture Sparks Fresh Criticism Jul 28, 2026, at 10:51 am
Honeymoon couple decorated coup flouting railway rules Jul 10, 2026, at 07:00 pm
Chilling CCTV video of flash flood -landslide from Kerala’s Wayanad Jul 10, 2026, at 06:59 pm