FPCE Raises Concerns Over RERA
Real Estate

FPCE Raises Concerns Over RERA

The Forum for People's Collective Efforts (FPCE), a prominent homebuyers' association, has raised significant concerns regarding the functioning of the Real Estate Regulatory Authority (RERA) and brought these issues to the attention of the Housing Ministry. This move by FPCE underscores the continued advocacy for transparency and accountability in the real estate sector, ensuring that the rights and interests of homebuyers are safeguarded.

Among the key concerns highlighted by FPCE are issues related to the operational efficiency of RERA, delays in the resolution of grievances, and challenges faced by homebuyers in obtaining necessary information from developers. By addressing these issues with the Housing Ministry, FPCE seeks to prompt corrective measures that enhance the efficacy of RERA in safeguarding the interests of homebuyers and fostering a more transparent real estate ecosystem.

The association's proactive approach in raising these concerns reflects its commitment to ensuring that the regulatory framework, particularly RERA, serves its intended purpose of protecting homebuyers' rights and interests. As the real estate sector plays a pivotal role in India's economic landscape, a robust and responsive regulatory mechanism is crucial for maintaining trust and confidence among homebuyers.

FPCE's engagement with the Housing Ministry also aligns with the broader national agenda of promoting ease of doing business and enhancing the overall regulatory framework in the real estate sector. By addressing the challenges faced by homebuyers, the government can contribute to a more resilient and consumer-friendly real estate market.

The concerns raised by FPCE are not only indicative of specific operational challenges but also highlight the need for continuous dialogue between stakeholders in the real estate sector. The collaboration between homebuyers' associations and regulatory authorities is essential for identifying areas of improvement and implementing reforms that strengthen the regulatory framework.

In conclusion, FPCE's initiative to raise concerns over RERA's functioning with the Housing Ministry is a significant step towards fostering transparency, accountability, and efficiency in the real estate sector. By actively engaging with regulatory authorities, homebuyers' associations play a vital role in shaping the regulatory landscape, ensuring that it remains responsive to the evolving needs and concerns of homebuyers. This collaborative approach contributes to building a real estate ecosystem that instills confidence, safeguards consumer interests, and supports the sustainable growth of the sector.

The Forum for People's Collective Efforts (FPCE), a prominent homebuyers' association, has raised significant concerns regarding the functioning of the Real Estate Regulatory Authority (RERA) and brought these issues to the attention of the Housing Ministry. This move by FPCE underscores the continued advocacy for transparency and accountability in the real estate sector, ensuring that the rights and interests of homebuyers are safeguarded. Among the key concerns highlighted by FPCE are issues related to the operational efficiency of RERA, delays in the resolution of grievances, and challenges faced by homebuyers in obtaining necessary information from developers. By addressing these issues with the Housing Ministry, FPCE seeks to prompt corrective measures that enhance the efficacy of RERA in safeguarding the interests of homebuyers and fostering a more transparent real estate ecosystem. The association's proactive approach in raising these concerns reflects its commitment to ensuring that the regulatory framework, particularly RERA, serves its intended purpose of protecting homebuyers' rights and interests. As the real estate sector plays a pivotal role in India's economic landscape, a robust and responsive regulatory mechanism is crucial for maintaining trust and confidence among homebuyers. FPCE's engagement with the Housing Ministry also aligns with the broader national agenda of promoting ease of doing business and enhancing the overall regulatory framework in the real estate sector. By addressing the challenges faced by homebuyers, the government can contribute to a more resilient and consumer-friendly real estate market. The concerns raised by FPCE are not only indicative of specific operational challenges but also highlight the need for continuous dialogue between stakeholders in the real estate sector. The collaboration between homebuyers' associations and regulatory authorities is essential for identifying areas of improvement and implementing reforms that strengthen the regulatory framework. In conclusion, FPCE's initiative to raise concerns over RERA's functioning with the Housing Ministry is a significant step towards fostering transparency, accountability, and efficiency in the real estate sector. By actively engaging with regulatory authorities, homebuyers' associations play a vital role in shaping the regulatory landscape, ensuring that it remains responsive to the evolving needs and concerns of homebuyers. This collaborative approach contributes to building a real estate ecosystem that instills confidence, safeguards consumer interests, and supports the sustainable growth of the sector.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement