Move for re­forms in 2013

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Scrap­ping the 20:80 scheme: The Re­serve Bank of In­dia barred banks from mak­ing up­front pay­ments to builders in un­der-con­struc­tion projects un­der loan schemes such as 80:20 or 75:25 SC judg­ment in Sil­ver Oaks case: The Supreme Court held that apart­ment own­ers in Haryana would not be able to claim un­di­vided in­ter­est in com­mu­nity and com­mer­cial fa­cil­i­ties as th­ese be­long to the de­vel­op­ers Al­la­habad High Court on UP Apart­ment Act: Throw­ing light on the var­i­ous pro­vi­sions of the UP Apart­ment Act, the high court has held that those de­vel­op­ers who are not get­ting com­ple­tion cer­tifi­cates for their projects are to be pe­nal­ized Real es­tate reg­u­la­tion bill 2013: The bill was in­tro­duced in the Ra­jya Sabha in Au­gust 2013. It pro­vides for a uni­form reg­u­la­tory en­vi­ron­ment to pro­tect con­sumer in­ter­ests and help speedy ad­ju­di­ca­tion of real es­tate Land ac­qui­si­tion bill 2013: The Right to Fair Com­pen­sa­tion and Trans­parency in Land Ac­qui­si­tion, Re­ha­bil­i­ta­tion and Re­set­tle­ment Bill 2013 was passed in both the houses of par­lia­ment. It seeks to pro­vide sig­nif­i­cantly high com­pen­sa­tion to landown­ers

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