Thursday, September 19, 2019

Homebuyers' body asks PMO to bring RERA officials under CVC

MUMBAI: Home buyers’ body FPCE has urged the Prime Minister’s Office to bring officials enforcing the provisions of the Real Estate (Regulation & Development) Act (RERA) under the ambit of the Central Vigilance Commission.

In its letter to the PMO, the Forum for People’s Collective Efforts (FPCE) has also recommended that all orders passed under RERA should be subjected to audit by the Comptroller Auditor General of India (CAG) to check for compliance with RERA provisions.

The FPCE has also raised concern over statements made by state regulators against RERA. The forum is of the view that such remarks from the regulators, who are expected to enforce the provisions of RERA, are aimed at preparing the ground for an amendment to the Act.

“These casual observations by the regulators not only question but also abuse and challenge the wisdom of our legislators, the cabinet, the governments and the judiciary, who have together prepared and cleared this Act after a rigorous process over the years,” Abhay Upadhyay, president of FPCE, told ET.

“Furthermore, these statements question the ability and competence of the government to enact proper laws.” The FPCE has suggested that all proceedings of RERA, appellate authorities and the Conciliation Forum should be held in-camera with provisions for a live-feed.

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