“Now the approving authorities need to be accountable too.”Yogesh Dhanuka, CEO
Industry Perspective · RERA
RERA Needs a More Balanced Approach to Protect Homebuyers and Enable Responsible Development
In a perspective featured by ANI, Dhanuka Infra Realty Ltd CEO Yogesh Dhanuka says the next phase of RERA should balance strong protection for homebuyers with fairness for responsible developers.
- Accountability should cover every party in a project, including the authorities that give approvals, not only developers.
- Delays caused by outside agencies should be judged separately, through a transparent and independent process.
- Buyers should get the information they need, while sensitive business information stays protected.
- Practical reforms to escrow rules would help projects move forward without weakening buyer safeguards.
