THE MINISTER OF HOUSING & URBAN POVERTY ALLEVIATION (KUMARI SELJA)
(a) to (f): In order to promote planned and healthy real estate development of colonies
and apartments with a view to protecting consumer interest and to facilitate smooth
and speedy urban construction, the Ministry of Housing & Urban Poverty Alleviation in
consultation with various stakeholders had prepared a draft Model Real Estate (Regulation of
Development) Act 200___ and the same was put on the website of the Ministry
(http://mhupa.gov.in). Comments/suggestions on the draft bill were invited from public and
other stakeholders including State Governments and Union Territory administrations, business
chambers, etc. by 06.11.2009. More than 350 responses were received.
As the second step of this exercise, after analyzing each comment, the Ministry of
Housing & Urban Poverty Alleviation discussed the comments received and the issues raised
with representatives of some of the State Governments in a meeting held in March, 2010 and a
series of Workshops held on 16th, 17th, 22nd and 23rd April, 2010 with the representatives of
the State Governments in order to prepare the second draft with the participation of urban
development and urban law experts from some of the states. The draft was placed before
states, business chambers, developers and experts in consultation held on 11th June, 2010
The Model Real Estate (Regulation of Development) Act 201_ will be finalized by the Ministry
after taking into consideration suggestions received from the States, business chambers,
developers, experts and other stakeholders. However, no fixed time frame for finalization of
the Model Act can be given at this stage.
Further, the Ministry of Urban Development is considering formulation of a Real Estate
Management (Regulation and Control) Bill which is applicable to the National Capital Territory
of Delhi. The Bill is at a draft stage.
The finalization of the draft Bill in respect of National Capital Territory of Delhi (NCTD)
requires consultations with various stake holders including Government of NCTD, Delhi
Development Authority and various Ministries/Departments of the Government of India. In view
of the administrative and legal issues involved, no time frame can be fixed for introduction
of the proposal Bill at this stage.
