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- Once the RE sector is regulated in India it wont attract as many Investors as it does now.
Regulation is good for end users, to curb the black money involved, and to put breaks on manipulation of market and trends by builders and agents .
- Originally Posted by jatinderchdProposed real estate regulator to get power to jail builders - The Times of India
It is good and bad, both.
Good - Because it will have tranceparency for the buyer.
Bad - Because more powers beurocrates have, more is the corruption. And who will bear the cost of corruption? The buyer only.
The problem is not the absence of rules. The problem is HONEST implimentation of rules. Whereas unfortunately, the rules are used for extracting money...CommentQuote0Flag