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Central advisory council for stalled real estate projects
Real Estate

Central advisory council for stalled real estate projects

The Central Advisory Council expects that the Amitabh Kant-led committee will resolve stalled legacy real estate projects, ensuring the delivery of housing units to home buyers. The committee, formed on March 31, has a six-month deadline to submit its findings. It aims to address issues related to h...

The Central Advisory Council expects that the Amitabh Kant-led committee will resolve stalled legacy real estate projects, ensuring the delivery of housing units to home buyers. The committee, formed on March 31, has a six-month deadline to submit its findings. It aims to address issues related to halted projects and provide recommendations for their timely execution. The need for better coordination between regulatory authorities and district magistrates has been emphasised for effective implementation.

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