The Supreme Court today struck down West Bengal's law on regulating real estate sector saying it was unconstitutional as the state's statute encroached upon the Centre's Real Estate (Regulation and Development) Act (RERA).
Supreme Court strikes down West Bengal law on regulating real estate
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Supreme Court strikes down West Bengal law on regulating real estate
PTI / May 4, 2021, 12:07 IST
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NEW DELHI: The Supreme Court on Tuesday struck down West Bengal s law on regulating the real estate sector in the state, and said it was “unconstitutional” as the statute encroached upon the Centre s Real Estate (Regulation and Development) Act,.
A bench of justices D Y Chandrachud and M R Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017 is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.
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New Delhi, May 4
The Supreme Court on Tuesday struck down West Bengal s law on regulating the real estate sector in the state, saying it is “unconstitutional” as the statute encroached upon the Centre s Real Estate (Regulation and Development) Act.
A bench of Justices DY Chandrachud and MR Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017, is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.
“The state law has encroached upon domain of Parliament,” the verdict said.
It, however, said that homebuyers, who purchased properties under the state law before Tuesday’s verdict, would not have to worry as their registration and other acts would remain valid.
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SC strikes down WB law on regulating real estate, holds it unconstitutional
The Supreme Court on Tuesday struck down West Bengalâs law on regulating the real estate sector in the state, and said it was âunconstitutionalâ as the statute encroached upon the Centreâs Real Estate (Regulation and Development) Act,.
A bench of justices D Y Chandrachud and M R Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017 is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.
âThe state law has encroached upon the domain of Parliament,â the verdict said.
SC holds Bengal law on regulating real estate unconstitutional Apex court says the act is more or less identical to Centre s RERA and hence repugnant to Parliament s legislature
The Supreme Court on Tuesday struck down West Bengal s law on regulating real estate sector saying it was unconstitutional as the state s statute encroached upon the Centre s Real Estate (Regulation and Development) Act (RERA).
The top court also said that WB HIRA has failed to include valuable safeguards for the homebuyers .
A bench of justices D Y Chandrachud and M R Shah said the West Bengal Housing Industry Regulation Act (HIRA), 2017 is more or less identical to the Centre s RERA and hence repugnant to Parliament s law.