March 19 2016, 18.30 PM IST || Pocket News Alert
According to Mr. Venu Vinod, MD, Cybercity Builders & Developers Pvt Ltd. "Passage of RERA bill is a positive move that will bring in more transparency in the real estate sector. The RERA Bill will benefit the customers as they can track the progress of the project and be active decision makers in-case of any change/ modifications in building plans. However, the bill would have been truly industry and customer friendly, if it would have included the time bound Single Window clearance that makes approving authorities accountable for delays beyond a specified turnaround time."