THE UNION cabinet nod for the proposed Real Estate (Regulation and Development) Bill has been given a cautious welcome by activists in Pune who say it would help regulate the real estate sector. The absence of a regulator, they say, had given rise to malpractice. Builders are not very sure of what it could hold from them and are apprehensive. Activists have welcomed the proposed Real Estate Regulatory Authority (RERA), which they say would make it easy for consumers to address grievances of consumers in the real estate sector. The bill states that every realtor has to register with RERA. For registration, the realtor has to declare, among other things, the legal title of the land, the land being free of all encumbrances and has to declare that the project shall be completed in accordance with terms and conditions of the registration. Activist Vijay Kumbhar, welcoming the move, stated that in absence any regulatory mechanism, the relator many a time openly flouted rules. "Time again and the government came up with regulations to make housing affordable, but they have failed to materialize. This was because of absence of a regulator," he said. "With the regulator in place, it would be easy for a consumer to complain about wrongdoing and seek justice," he said. Hemant Naiknavre, president Pune-Credai said that state bill should be first approved and incorporated in the central bill when it is passed. "The central bill has been drafted without really understanding the sector as a whole. We are still unclear what will come in the central bill," he said. He says the central bill is mainly aimed at controlling many of the malpractice seen in North India which are absent in Maharashtra. Rohit Gera, vice-president of Pune-Credai, welcomed the mechanism of protecting customers against fly-by-night operators. Asking for more state inclusion in the bill, Gera stated that blanket regulations might give rise to more problem than solving existing ones.
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My son Tattva had been enrolled in the intermediate level and has been coached by the Vishwanathan Anand Chess Academy coach . Tattva has made remarkable strides and will be on his way to get his FIDE rating in November. A lot of credit goes to the mentor for his unique way of handling his students. He has been very patient while working with Tattva on his areas of improvement. In addition before the tournament the coach had voluntarily added additional classes and doubled his efforts to get a better performance out of Tattva. He has shown complete ownership which is commendable. I hope he continues to develop more and more chess players in the coming days...