June 17 2016, 11.52 AM IST || Pocket News Alert
Interactive Session for Home Buyers to know their rights under the Real Estate Act – RERA will be held on Satuday, June 18
Eminent panellists Justice AV Chandrashekara, Former Judge of Karnataka High Court of Karnataka, Sajan Poovayya, Former Additional Advocate General, Karnataka, Prof Rajagopalan, Citizen Activist and MP Rajeev Chandrasekhar will take part in interactive session
Bengaluru, June 18, 2016: In a first of its kind initiative to help Bengaluru citizens understand and be aware of their rights, MP Rajeev Chandrasekhar and Namma Bengaluru Foundation will launch the Namma Hakku - Citizens Rights Series. The first in the series will be launched on Saturday, 3 pm at the Century Club with an interactive session and will focus on rights of the home buyers under the recently passed Real Estate Regulation Act – RERA and their rights against law breaking developers. A panel consisting of experts including retired high court judge, lawyers, citizen rights activists and others will interact with the citizens and home buyers, and help them understand RERA and their rights.
The interactive session with experts focussed on RERA comes as boon to home buyers in Bengaluru to understand their rights and be aware of the obligations of the builders to deliver on their promises. Eminent panellists who will explain RERA and interact with home buyers and answer their questions are Justice AV Chandrashekara, Former Hon’ble Judge of High Court of Karnataka, Shri Sajan Poovayya, Senior Advocate & Former Additional Advocate General for Karnataka, Shri Sunil Dutt Yadav – Advocate, Environmental Issues and RWAs, Professor Rajagopalan, Citizen Activist and Fellow, IIM-Ahmedabad and Shri Rajeev Chandrasekhar, Member of Parliament and Founder Trustee of Namma Bengaluru Foundation.
Citizen Action (CAF), Apartment Adda, CIVIC and BRACE – ensemble of more than 800 Resident Welfare Associations in Bengaluru will participate in the event.
Namma Hakku devoted to help citizens of their rights
The Namma Hakku series is the brain-child of MP Rajeev Chandrasekhar, who has long fought for the rights of Bengaluru citizens and for protecting the city. The series is aimed to create a platform of engagements with citizens / consumers of Bengaluru to build awareness about their rights. Eminent panellists and experts interacting with the citizens and inform them about their rights.
While the first of the series will be launched this Saturday, June 18th, and focus on home buyers, the ongoing exercise will bring experts and citizens together to address various issues by citizens and information about how they can exercise their rights – be it protecting their neighbourhood, safety and law & order, environment among others.
RERA - Real Estate (Regulation and Development) Act,
Rajeev Chandrasekhar was the Member of the Select Parliament Committee that examined, worked on the Bill and played a key role in ensuing consumers rights of home buyers are protected and builders held accountable for their promises.
Key Features of RERA
1. It is the most important pro-consumer legislation that the government has brought into Parliament, and seeks to protect thousands and millions of homeowner consumers in the real estate sector.
2. The Bill formally enshrines consumer rights and builder obligations in law and also boosts the industry by creating a framework of competition, efficiency and investments for the sector.
3. Victims of delayed delivery, poor quality, illegal constructions, fraud etc. Consumers were having to organise themselves into societies and groups to get any kind of justice or response or go through expensive, time consuming litigation to get any relief at all .
4. This Bill will change the balance from builders to consumers - where small consumers have a better chance at holding builders accountable to their contractual commitments and promises.
5. It creates rights for consumers, obligations for builders, Penalties for those who violate their obligations and creates a new independent, institutional framework of a Real Estate Regulatory Authority and an Appellate Tribunal that can fast track any dispute that arises between consumers and builders.