Who would be actually paying the damages? If the government pays any compensation, almost the entire cost would be paid by the Bangaloreans, given that the city generates about 80% of state GDP. Do you like the idea?
The RERA bill has been passed in Lok Sabha and Rajya Sabha. The Bill with a number of safeguards to protect home buyers’ interest, has crossed all hurdles. Citizen groups in Bengaluru too have played a role in pushing the Bill.