Centre puts off Real Estate (Amendment) Bill

Opposition insisted on referring the Bill to the Parliamentary standing committee

New Delhi: The government was on Wednesday forced to defer a bill that seeks to regulate realty business after the Opposition insisted on referring it to the Parliamentary standing committee.

After the Opposition demanded that the Bill be referred to the standing committee, Union urban development minister M. Venkaiah Naidu said the Real Estate (Amendment) Bill should be deferred to allow government time to hold more consultations.

“We do not have a majority in this House. I am aware of it,” Mr Naidu said. He also flagged the urgency to bring the Bill to “safeguard the interests of consumers”.

( Source : dc correspondent )
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