Chhattisgarh is among 11 States which would notify its ‘Real Estate Rules’ by next month (February 2017).
The was stated by Union Minister of Housing and Urban Poverty Alleviation M Venkaiah Naidu while addressing a meeting of Chief Secretaries and senior officials of States and UTs convened by the Union Ministry of Housing and Urban Poverty Alleviation to discuss implementation of the Real Estate Act in New Delhi on Tuesday.
The Union Minister also urged the States and Union Territories to rise to the occasion and implement the Real Estate (Regulation & Development) Act ,2016 from the first of May this year, as proposed in the Act.
During the review, it revealed that Andhra Pradesh, Arunachal Pradesh, Chattisgarh, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Mizoram, Rajasthan, Tamil Nadu and Puducherry would notify the Real Estate Rules next month.
Punjab and Uttarakhand have informed that the needful would be done after the elections to the State Assemblies.
Real Estate Rules have so far been notified for Gujarat, Madhya Pradesh, Maharashtra, Uttar Pradesh, Delhi, Chandigarh, Andaman & Nicobar Islands, Dadra and Nager Haveli, Daman & Diu and lakshadweep.
later, various aspects of the Real Estate Act were discussed in detail. Responding to the views and suggestions made, Dr Nandita Chatterjee, Secretary(HUPA) clarified that no amendments to the Act would be considered at this stage since full implementation of the Act would begin only in May this year when Real Estate Regulatory Authorities and Appellate Tribunals would become functional.
Dr Chatterjee also clarified that the minimum plot size of 500 sq mt. proposed in the Act for registration of projects with Regulatory Authorities was arrived at after several rounds of discussions by the Parliamentary Committees and in the Parliament and it can’t be altered now.
She said that the cut off date for the ongoing projects that have not received completion certificates for including under the purview of the Real Estate Act would be May first this year, from when the full Act comes into effect.
Regarding other issues raised by the States, the Ministry officials stated that necessary clarity for the purpose of implementation of the Act can be given in the Rules to be notified by the States/UTs, without violating the spirit of the Act. These include stilt parking to be used as garage.
Responding to the issue of excluding balconies from the definition of carpet area, it was explained that it posed no problems as costing could be accordingly informed to the buyers. Interim Regulatory Authorities have been proposed in the Act so that they could put in place necessary institutional mechanisms for full fledged Regulatory Authorities could become functional from the first of May this year, it was explained.
Notably, the Union Ministry of Housing and Urban Poverty Alleviation (MoHUPA) has launched “Housing for All” Mission through PMAY for Urban Area to be implemented during 2015-22 as a Centrally Sponsored Scheme. The credit linked subsidy under the Mission, will be implemented as a Central Sector Scheme.
The Central Government has approved construction of a total of 7357 houses under ‘Affordable Housing in Partnership’ scheme with Chhattisgarh government in the State during the current financial year, officials informed.The total investment to be made in the project is Rs372 crores out of which Centre’s contribution would be Rs110 crore.Nationally, the Central Government has approved an additional investment of Rs16,641 crore for affordable housing for construction of 2,44,267 houses for urban poor under PMAY (Urban) during the first four months of the current financial year.
The Union Ministry of Housing and Urban Poverty Alleviation approved these proposals for the benefit of urban poor in 11 States.
Central assistance of Rs3,634 crore has been approved for construction of these houses under three components of the urban housing mission viz,, Affordable Housing In Partnership (1,24,642 houses), Beneficiary led Construction (1,15,989) and In-Situ Slum Redevelopment (3,636 houses).
With these approvals, a total investment of Rs51,568 crore has so far been approved for construction of 9,27,991 houses for Economically Weaker Sections (EWS) in urban areas in 20 States under PMAY (Urban) which was launched in June 2015.
Central assistance of Rs.12,604 crore will be provided for construction of these houses.During the last financial year (2015-16), 6,83,724 houses were approved for the urban poor in 18 States with a total investment of Rs34,927 crore