10 Things Govt of India should do to make life easy of Flat Buyers

1. Flats should be allowed for sale only after it’s construction is completed and all clearances are taken. How builders can sell something which is not even started (construction) which they do as of now when they sell their projects at planning stage.

10 Things Govt of India should do to make life easy of Flat Buyers

2. Builders should be bound to set up and provide customer care. As of now buyers have to struggle to get even basic services in place.

10 Things Govt of India should do to make life easy of Flat Buyers

3. There should be some agency for Builder’s ratings like we have for financial services and share market etc.

10 Things Govt of India should do to make life easy of Flat Buyers

4. Real Estate Regulatory Bill which is still to be passed should be cleared without wasting more time.

10 Things Govt of India should do to make life easy of Flat Buyers

5. There should be way of listing all builders and their credentials for buyers to verify their details.

10 Things Govt of India should do to make life easy of Flat Buyers

6. All housing project property documents should be made available by Govt on a single portal.

10 Things Govt of India should do to make life easy of Flat Buyers

7. There should be Govt monitored online web portal to resolve consumer issues.

10 Things Govt of India should do to make life easy of Flat Buyers

8. Builders put their own terms and conditions to benefit them. Like financial services there should be some common Govt controlled terms and conditions.

10 Things Govt of India should do to make life easy of Flat Buyers

9. There should be minimum quality standards to be adopted for construction.

10 Things Govt of India should do to make life easy of Flat Buyers

10. There should be minimum guarantee period for example 5 years etc post delivery of the project.

10 Things Govt of India should do to make life easy of Flat Buyers


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