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Supreme Court strikes down West Bengal law on regulating real estate


Supreme Court strikes down West Bengal law on regulating real estate
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Supreme Court strikes down West Bengal law on regulating real estate
PTI / May 4, 2021, 12:07 IST
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NEW DELHI: The Supreme Court on Tuesday struck down West Bengal s law on regulating the real estate sector in the state, and said it was “unconstitutional” as the statute encroached upon the Centre s Real Estate (Regulation and Development) Act,.
A bench of justices D Y Chandrachud and M R Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017 is more or less identical to the Centre s RERA and hence repugnant to Parliament s law. ....

Centre Real Estate Regulation , Supreme Court On , Supreme Court , West Bengal , Real Estate , West Bengal Housing Industry Regulation Act , Forum For People , Collective Effort , Business News , West Bengal Law , Dy Chandrachud , உச்ச நீதிமன்றம் ஆன் , உச்ச நீதிமன்றம் , மேற்கு பெங்கல் , ரியல் எஸ்டேட் , மேற்கு பெங்கல் வீட்டுவசதி தொழில் ஒழுங்குமுறை நாடகம் , மன்றம் க்கு மக்கள் , கூட்டு முயற்சி , வணிக செய்தி ,

SC strikes down West Bengal law on regulating real estate, holds it unconstitutional


2832
New Delhi, May 4
The Supreme Court on Tuesday struck down West Bengal s law on regulating the real estate sector in the state, saying it is “unconstitutional” as the statute encroached upon the Centre s Real Estate (Regulation and Development) Act.
A bench of Justices DY Chandrachud and MR Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017, is more or less identical to the Centre s RERA and hence repugnant to Parliament s law. 
“The state law has encroached upon domain of Parliament,” the verdict said. 
It, however, said that homebuyers, who purchased properties under the state law before Tuesday’s verdict, would not have to worry as their registration and other acts would remain valid. ....

New Delhi , Centre Real Estate Regulation , Supreme Court On , Supreme Court , West Bengal , Real Estate , West Bengal Housing Industry Regulation Act , Forum For People , Collective Efforts , புதியது டெல்ஹி , உச்ச நீதிமன்றம் ஆன் , உச்ச நீதிமன்றம் , மேற்கு பெங்கல் , ரியல் எஸ்டேட் , மேற்கு பெங்கல் வீட்டுவசதி தொழில் ஒழுங்குமுறை நாடகம் , மன்றம் க்கு மக்கள் , கூட்டு முயற்சிகள் ,