Chandigarh Housing Board (CHB) implements new inspection rules for flat transfers to protect innocent buyers. Board officials will not inspect a dwelling during transfer unless violation notices are issued.
CREDAI NCR aims to regulate property dealers and boost home sales by mandating disclosure of saleable and carpet areas in brochures, introducing lock-in periods for resale, and imposing higher transfer charges.
The Income Tax Department is investigating real estate deals in New Delhi to combat black money and tax evasion. They will scrutinize developer funding and individual transactions.