India, Nov. 2 -- Ten years after the Real Estate (Regulation and Development) Act, 2016 (RERA), came into force, homebuyers' body Forum for People's Collective Efforts (FPCE) has urged Prime Minister Narendra Modi to restructure the law as a dedicated Real Estate Homebuyer Protection Act, arguing that the existing framework has failed to protect homebuyers amid persistent enforcement gaps and project delays.

In a letter to the Prime Minister, FPCE has called for separating the promotion and development of the real estate sector from the law meant to protect homebuyers. It has suggested that the re-enacted law be administered by a ministry whose primary mandate is consumer protection, such as the Department of Consumer Affairs.

"Separate...