The Confederation of Real Estate Development Association of India has launched two initiatives on code of conduct and consumer redressal forum to ensure transparency and ethical business practices among developers.
T. Chitty Babu, Chairman and CEO, Akshaya Pvt Ltd, has been appointed as Chairman to oversee the initiatives across India. The two programmes are of particular significance in the backdrop of the proposed law to regulate the real estate sector.
The code of conduct is a self regulatory approach and the consumer redressal forum will help address the buyers’ concerns.
Published on August 24, 2013
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.