Urban Development Minister Venkiah Naidu on Monday confidently said that the Real Estate Bill will become a "reality" during the ongoing Budget session of Parliament.
Urban Development Minister Venkiah NaiduUrban Development Minister Venkiah Naidu
"Real Estate Bill is going to be a reality in this Budget session itself. I am holding discussion with all stakeholders," he informed domestic and global investors at the 'Happening Haryana' conclave in Gurgaon.
Stressing that the law would be a "regulation and not strangulation", he said, "nobody should worry except the fly-by-night operators".
"We are also working on ease of doing business and ease of approval and permission. We have got positive signals from all parties," the minister said.
The Real Estate Bill is pending in Parliament. Last week, the Congress wrote to Prime Minister Narendra Modi and Naidu, asking them to pursue the bill passed in the first leg of Budget session of Parliament.
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