Regulatory Bill Should Make Everyone Accountable: Habib

Regulatory authority for real estate is a welcome move. But in the present form it would only tax the developers. Just because a few developers took the customers for a ride, it is not fair on the part of government to rate all developers in one scale. The Bill should bring realty brokers, financial institutions, agents, government authorities, consultants and even architects under the purview, says WS Habib, Managing Director, Ramky Wavoo Developers and Treasurer of CREDAI Chennai. Excerpts from an interview.

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