The Real Estate (Regulation and Development) Act, 2016.
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Central or state Act — primary legislation passed by the legislature. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
Central Act enacted 2016-03-25. Full text on India Code (indiacode.nic.in).
Key Facts
TypeAct
SourceIndia Code (Historical)
PublishedFriday, 25 March 2016
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
PMAY-U: 1.18 crore houses sanctioned
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogMinistry of Housing & Urban AffairsSmart Cities MissionMinistry of Power
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesUrban ResidentsMunicipal CorporationsReal Estate Developers
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