In the argument on a petition filed against the validity of RERA, the Union Government backed the Real Estate (Regulatory and Development) Act by saying that the Act is beneficial for both the real estate developers as well as the homebuyers. Further supporting his statement, the Additional Solicitor General Anil Singh said that the Parliament passed the bill only after proper consideration of the necessity of the Act to protect the interests of homebuyers of the Country.
The hearing took place before a bench of Justice Naresh Patil and Rajesh Ketkar.
The petitions filed against RERA are being heard by the Bombay High Court on a daily collective basis.
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