Main objectives of Housing Industry Regulation Act 2017 can be summarised as follows:
✔️To promote and regulate the housing sector in West Bengal
✔️Ensuring sale of plots, buildings or apartments in an efficient
and transparent manner
✔️To bring forth optimal growth for the industry and for the
economy as well
✔️Bringing standardization and uniformity in the entire process
across the states
✔️Protection of the interests of consumers in the real estate sector
✔️Providing with prompt redressal of disputes arising therewith
✔️Framing rules and policies for Real estate in West Bengal for
compliance and implementation of penalties for non-compliance if any
✔️Creation of a website containing all the relevant information of the
registered projects thereof including the list of defaulters if any
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