#RealtyNewsRoundup: Real Estate Bill Is An Act Now

Realty News Roundup is PropGuide's selection of top stories from the real estate sector.

 

The Real Estate (Regulation and Development) Bill 2016 become an Act on May 1. This would start the process of putting in place the institutional infrastructure for laying down the rules. As notified by the Ministry of Housing & Urban Poverty Alleviation, 69 of the 92 sections of the Act came into force on 1 May. Read more

Gujarat Chief Minister Anandiben Patel has announced that her government has decided to transform 300 villages into smart villages. On the occasion of the 57th foundation day of the state, the CM also said that the state would set up a Tribal University in the Narmada district, apart from setting up over 100 Ashram shalas, 10 new hostels for tribal girl students and 'Samras' hostels. Read more

Now, Dharamshala in Himachal Pradesh is set to be linked through the Dhalaudhar Expressway. The central government will pay Rs 360 crore for the development of project, which will be a part of Dhaualadhar tourist circuit. Dharamshala Urban Development Minister Sudhir Sharma said a new proposal to include the city in smart city project had been submitted to the Centre.  Read more