India, Oct. 27 -- Homebuyers' body FPCE has demanded that real estate law 'RERA' should be amended to incorporate a mechanism for verifying the track record of builders before granting permission to launch projects for sale. It also sought a new provision in the legislation to ensure compensation to homebuyers if builders fail to meet their promise of providing certain facilities and amenities. The association has also demanded a uniform rule for refund of money in case of cancellation of units by property buyers.
Forum For People's Collective Efforts (FPCE) President Abhay Upadhyay has written a letter to Union Minister of Housing and Urban Affairs Manohar Lal, seeking amendments in the Real Estate (Regulation and Development) Act, 2016 (...