PREP 4 UPSC
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#GS_2
#Development #Welfare #Housing
#Poverty

Read about PURA and Rurban Mission. Make a short note, important article.
#GS_3
#Infrastructure #Housing #RERA

Read about RERA, important for
#Prelims and #Mains.

#Facts4Prelims

Real Estate (Regulation and Development) Act (RERA) is an act passed by the Parliament in 2016 that came into effect fully from 1st May, 2017.

It seeks to protect home-buyers as well as help boost investments in the real estate sector by bringing efficiency and transparency in the sale/purchase of real estate.

The Act establishes Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating body for speedy dispute resolution.
#GS_2
#Government_Schemes #Housing

The Union Cabinet has given its approval for developing of Affordable Rental
Housing Complexes (AHRCs), a sub-scheme under PM Awas Yojana - Urban for urban migrants / poor.

Note- From exam point of view, you should note that which scheme is under which ministry.
#GS_2 #GS_3
#Regulation #Housing

After long history of being unregulated, the real state sector got regulatory regime through the RERA. Read its provision and limitations. Also read this Act I'm context of cooperative federalism.

@prep4upsc