At a meeting held at KDP Grand Sawana, Raj Nagar Extension, Ghaziabad, on February 6, homebuyers from across the country decided to exert pressure on the Central Government to pass the Real Estate Regulatory Authority (RERA) Bill on priority basis.
Organised by federations of AOAs of Ghaziabad and Raj Nagar Extension, the meeting called for an end to exploitation of homebuyers by builders’ lobby. They have already floated a national movement of apartment owners associations and federations styled as "Fight For RERA".
The Chief Mentor of Fight for RERA, Lt Gen Satish Bahri, said the RERA Bill has enough inbuilt safeguards to protect the interests of homebuyers, but the highly influential builders lobby is bent upon thwarting the legislation.
The proposed legislation on real estate is long overdue. If enacted, it will ensure transparency in all the transactions between the buyer and the builder.
The President of the Raj Nagar Extension Federation of AOAs said that if the government does not pass the RERA Bill in the next session of Parliament, "we will be left with no option but to resort to public interest litigation (PIL) or protest on the streets".
Speaking on the occasion, the National Convenor of Fight For RERA, Abhay Upadhyay, said during the last session of Parliament, the forum lobbied with several Parliamentarians, both ruling and Opposition, for the passage of the Bill.
They have also got assurances from Urban Development Minister Venkaiah Naidu and Congress General Secretary Digvijay Singh in this regard. Some of the Opposition MPs even wrote to Prime Minister Narendra Modi urging him to expedite the Bill.