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Petition to PM - Real Estate Regulatory Bill


Petition to PM - Real Estate Regulatory Bill

Last updated: September 25 2014
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  • Petition to PM - Real Estate Regulatory Bill

    Please sign the petition and share this petition with all your friends/family ..... Write few words as well, as they will reach Modiji -directly.


    Shri Narendra Modi Ji,

    Home buyers in this country are at the mercy of real estate developers. We are being exploited from every side. Authorities are not working in favor of home buyers. Developers have a free hand and do not care about the customers and are not afraid of law.

    Some of the issues that the home buyers faces are:

    - Launching projects without proper approvals.

    - Diversion of funds.

    - Unfair, abusive draconian era's agreements.

    - Stalling the work after taking 95% of the money.

    - Demanding extra charges at the time of possession.

    - Humiliating buyers who raise serious question related to project approvals.

    - Blatant abuse of building bylaws and apartment acts.

    - Huge gap between promises and delivery

    - Authorities are not giving access to information using RTI.

    - Using unregulated brokers/agent as proxy for fake promises.

    and the list goes on....

    In the absence of such regulatory body, buyer have to take up the issues on their own and what do they get in return?:

    - Defamation cases or better know as SLAPP suits

    - Fictitious FIR

    - Mental and physical harassment

    - Threat of cancellation of allotment

    We demand lawmakers should not ignore the grievances of Home Buyers and must keep following points in mind:

    - Transparency in acquisition of land and all other construction related licenses and permissions, Project/Home Layouts, Definition of Carpet/Super Area/Built Areas, Parking charges, Common Area, Maintenance Cost etc.

    - Regulation/Registration/Certification of real estate agents.

    - Equal Penalty for delay to both buyer and builder.

    - Mechanism to ensure funds collected for project are not diverted.

    - Developers should not be allowed to collect additional charges not agreed at the time of purchase.

    - Developers should not be allowed to change the layout of project/flat/home/towers after the purchase.

    - Protection of Consumer Activists who take on these corrupt Authorities/builders.

    We the law abiding taxpayers of this country appeal to you for a tough regulatory body to help us get "what is rightfully ours".

    We wish you all the best for your "RIGHT TO HOME" project.


    Bharat Waasi!

    Petitioners: Please sign and than share this petition to your friends, office mates and home buyers groups/forum. We have to make our voice heard. Share using Facebook, twitter (#righttohome), emails and watsapp.
    Last edited September 25 2014, 02:34 PM.
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